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Trucking Industry Sees Modest Improvements

Posted by Genie Wood on Fri, Mar 29, 2013 @ 11:37 AM

The American Trucking Association (ATA) has released its seasonally-adjusted For-Hire Truck Tonnage numbers, and its Index rose more than half a percent in the month of February, the fourth consecutive month which has seen an increase. This bodes well for the continuing health of the industry on the whole, and marks the best four-month stretch since late in 2011.

According to the ATA’s chief economist, this increase in truck tonnage has been more and earlier than expected, and suggests that the impact of economic headwinds anticipated by some analysts will not be nearly as damaging as expected.

At TBS Factoring Service, we are committed to helping trucking professionals with their freight factoring regardless of the prevailing economic conditions. To learn more about what we can do for you, contact our offices today by calling us at 800-207-7661.

Tags: TBS Factoring Service, freight factoring, American Trucking Association, Trucking Industry