Tonnage fell in September, says ATA

Truck tonnage decreased 0.9% in September, marking the third consecutive month-to-month tonnage drop, according to the American Trucking Associations (ATA).

ATA Chief Economist Bob Costello says the recent decreases in truck tonnage are consistent with a recession.

"I anticipate truck freight volumes to continue to fall before they improve. It is a tough freight market, and there is nothing on the horizon that says this will change anytime soon."

October's truck tonnage numbers have not been published yet.