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Truck Tonnage Increases for December

Posted by Genie Wood on Fri, Jan 25, 2013 @ 04:14 PM

December saw one of the greatest increases in seasonally adjusted truck tonnage for the year of 2012, with the American Trucking Association’s For-Hire Truck Tonnage Index rising 2.8%. That was in addition to a gain of 3.9% in November, which in combination with December’s numbers left the overall truck tonnage hauled across our nation’s roadways at a net positive for the year.

Unfortunately, truck tonnage numbers actually decreased year over year, with December’s number being 2.3% below the comparable number for December, 2011. The decline was attributed by the American Trucking Association to the continuing economic uncertainty facing the U.S. economy. Further difficulties are expected for the first quarter of 2013, but as economic conditions continue to improve, the outlook is more hopeful for the latter parts of the year.

At TBS Factoring Service, we understand that economic uncertainty can make cash flow problems particularly pronounced for independent operators. That’s why we are dedicated to providing cash flow solutions through our freight factoring services. Contact our freight factoring experts today to learn more about what we can do for you.

Tags: TBS Factoring Service, 2012 tonnage, freight factoring, American Trucking Association, news