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Truck tonnage remains on the upswing

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Truck tonnage increased 2.1% in December, the last month for which tonnage numbers were available, according to the American Trucking Associations (ATA).

The increase follows a jump of 2.6% in November. Compared with December 2008, tonnage increased 6.6%, the first year-over-year increase since September 2008.

"The robust tonnage numbers in November and December were aided by better economic growth as well as a positive inventory effect," says ATA Chief Economist Bob Costello. "However, economic activity is expected to moderate in the current quarter, which will keep a lid on tonnage growth."

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