Dry Van Report: The contract freight market searches for the bottom
The American Trucking Association’s advanced, seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.7% in January following the 1% m/m gain last December. Compared with January 2022, the SA index increased by 1.5%, the seventeenth year-over-year gain almost identical to early 2020 levels just before the pandemic took hold. ATA’s For-Hire Truck Tonnage Index is…