Trucking demand decreased again in April.
“There is still an inventory correction transpiring throughout the supply chain that will keep a lid on truck freight volumes in the near term,” said Bob Costello, ATA’s chief economist. “As a result, we are still likely to experience lackluster tonnage numbers in the next few months.”
Even as freight remained soft in April, the outlook for tonnage is a little better than a couple of months ago, Costello said.
However, freight tonnage is up 3.5 percent through the first four months of this year compared to the same period last year.