ATA predicts moderate gains in truck tonnage as industry recovers from disruptions caused by Hurricanes Irma and Harvey | Rig Hauler

ATA predicts moderate gains in truck tonnage as industry recovers from disruptions caused by Hurricanes Irma and Harvey

  • News
ATA predicts moderate gains in truck tonnage as industry recovers from disruptions caused by Hurricanes Irma and Harvey Photo Credit: CNN

As Hurrican Irma and Harvey caused massive destruction across Florida and the Gulf Coast, freight movement was also stalled. Once the Hurricanes passed, trucks were called in to haul relief supplies to the communities affected by the hurricanes. Construction in the areas affected by the hurricanes will require the transport of construction materials as well.
Economists at ATA believe that the trucking industry will gradually stabilize although growth will be moderate in September. Service is temporarily disrupted in areas where the hurricanes caused landfalls. This can further affect freight movement in September. The ATA had reported a rise of 7.1% in the truck tonnage index for the month of August as compared to July 2017. This sharp rise in gains will be smoothed out to moderate figures this month as the industry recovers from the disruptions left behind by Hurricanes Irma and Harvey.

top

top