Shippers Focus On Receiving Goods Before Tariff Increases

Nov 22, 2018 at 04:03 PM CST
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 6.3% in October to 119.9 from September’s mark of 112.8. “After slowing at the end of the third quarter, truck freight surged in October,” said ATA Chief Economist Bob Costello. “Last month’s strength was due, at least in part, to strong import numbers, especially on the West Coast. This is likely a pull ahead of imports as shippers try to take delivery of goods before January 1 when tariffs on a large list of goods China increases from 10% to 25%.”

Nov 22, 2018 at 04:03 PM CST

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 6.3% in October to 119.9 from September’s mark of 112.8.

“After slowing at the end of the third quarter, truck freight surged in October,” said ATA Chief Economist Bob Costello. “Last month’s strength was due, at least in part, to strong import numbers, especially on the West Coast. This is likely a pull ahead of imports as shippers try to take delivery of goods before January 1 when tariffs on a large list of goods China increases from 10% to 25%.”