ATA data pins the blame on “mixed” U.S. economic performance.
Truck tonnage dipped 0.1% in July, according to the for-hire truck tonnage index compiled by the American Trucking Associations (ATA), which followed a revised 4.4% drop in June.
Compared to the same month last year, though, the index jumped up 2.3% in July, with June sporting a year-over-year index increase of 1.2%. Year-to-date, compared with the first seven months in 2016, the index is up 1.2%, ATA noted.