Cargobusinessnews.com is out today with some unencouraging numbers from the American Trucking Association – whose seasonally adjusted "For-Hire Truck Tonnage Index" dropped 3 percent in October. That’s the fourth consecutive monthly drop, according to a Monday news release.
The index fell 0.8 percent in September and 1.9 in August, the site said in its daily newsletter.
Trucking association Chief Economist Bob Costello said that truck tonnage is down a total of 6.3 percent in the last four months, year-over-year.
"October should be the busiest month of the year, but instead this October was a fizzle," he said.…