Transport Topics (December 23, 2020)

Truck tonnage in November declined a seasonally adjusted 3.8%, according to an American Trucking Associations report published yesterday. That marks the eighth consecutive month of year-over-year declines. Still, the report wasn’t all bad. When measured month-to-month, the index increased 3.7% in November after falling 5% in October. ATA Chief Economist Bob Costello said the month-over-month increase was fueled by a rush in e-commerce sales, and he anticipates the economy will improve as COVID-19 vaccines are more widely distributed.

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