Truck Tonnage Down 0.7 Percent in May

Posted on: Jul 27, 2012

Although May saw a 4.1 percent increase in tonnage growth from the year before, for-hire truck tonnage was down 0.7 percent between May and April. This is the second month in a row that saw tonnage drop, wish tonnage slipping 1.1 percent from between April and March. Truck tonnage is up 3.8 percent over the first five months of 2012, compared to the same time period a year ago. Analysts expect tonnage to grow between 3 percent and 3.9 percent this year.