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Truck tonnage continues to increase

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Truck tonnage grew by nearly 1% in April, the last month for which tonnage data is currently available, according to the American Trucking Associations (ATA).

Tonnage has grown a total of 6.5% over the last seven months. Compared with April 2009, "tonnage surged 9.4%, which was the fifth consecutive year-over-year gain and the largest increase since January 2005."

ATA Chief Economist Bob Costello says the latest tonnage report indicates economic recovery. "Truck tonnage volumes continue to improve at a solid, sustainable rate. Tonnage is being boosted by robust manufacturing output and stronger retail sales."

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