Freight hauled by the trucking industry rose last October almost a staggering 10 percent, which has been the biggest rise since December of 2013!
The ATA (American Trucking Association) tracks the volume of freight in it’s Tonnage index. They report that during the first 10 months of this year, the index has went up more than three percent compared to previous years.
The ATA suggested that “Continued improvment” could lead to a stronger network of freight continueing to state that this “strength” might be a due to multiple factors.
The trucking industry transports about 71 percent of freight hauled by all means of domestic transportation. In total, this adds up to roughly $676 billion in business and about 80 percent of all revenue that is earned by all transportation modes, says the ATA.