Truck tonnage is up 4.3% nationally from the same time period last year, reflecting the ongoing strengthening of the U.S. economy. According to the American Trucking Associations (ATA), the April index was 123.2, a decrease of .2% since March but a reminder, nevertheless, that the overall state of the industry is relatively healthy.
According to economists with the ATA, the relative health of the industry is broadly in line with the current trajectory of the overall economy. Furthermore, according to some, signs for May’s numbers are widely being viewed as positive at the moment.
At TBS Factoring Services, we are always prepared to help truckers with their freight factoring needs, regardless of the state of the industry or the economy. If you would like to learn more about our services or what we can do for you, contact us today at 1-800-207-7661.