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Truck Tonnage Extends Streak of Gains in January

February 22, 2022

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Truck tonnage in January rose 1.2% when measured against year-ago levels, marking the fifth consecutive month for a year-over-year increase, American Trucking Associations said.

The federation’s For-Hire Truck Tonnage Index equaled 115.5 compared with 114.6 in January 2021.

Measured against December 2021, the index rose 0.6%.

“In January, truck tonnage was helped by rising retail sales and factory output,” ATA Chief Economist Bob Costello said. “While housing starts fell last month, which is another important driver of truck tonnage, it remained at high levels.”

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