Truck tonnage rose 2.1% in July

Truck tonnage increased 2.1% in July, according to the American Trucking Associations' (ATA) most recent figures.

Compared to July 2008, tonnage fell 10.4%. ATA Chief Economist Bob Costello believes truck tonnage will be "choppy" in the months ahead.

He remains hopeful that tonnage levels have hit bottom, but "I just don't see anything on the economic horizon that suggests freight tonnage is about to rise significantly or consistently."