Bob Costello

Government, Business

Newsmakers Series Debut to Feature ATA’s Bob Costello

Newsmakers video series from Transport Topics

American Trucking Associations Chief Economist Bob Costello will discuss how trucking has weathered the COVID-19 pandemic to kick off a new video interview series from Transport Topics on July 9 called Newsmakers. Register now.

June 29, 2020
Government, Business

ATA Economist Bob Costello: Recession Remains Uncertain, but Expect More Carrier Closures

ATA Economist Bob Costello “The risks of a mild recession have increased,” Costello tells NAFC conference attendees. (Jim Stinson/Transport Topics)

INDIANAPOLIS — Bob Costello isn’t sure that a recession — a downturn that could impact freight and trucking companies across North America — is coming, or when, but the economist senses something is amiss.

Jim Stinson | Staff Reporter
June 12, 2019

Strongest Trucking Market in History Has Legs, ATA’s Bob Costello Says

Costello Costello by Seth Clevenger/Transport Topics

NASHVILLE, Tenn. — The U.S. trucking industry is enjoying its best business environment since deregulation in 1980, and the good times will continue in the near term unless trade disputes hinder economic growth, American Trucking Associations Chief Economist Bob Costello said.

Seth Clevenger | Managing Editor, Features
July 25, 2018
Business, Logistics

Tonnage Robust as Demand for Trucks Grows

Werner  truck John Sommers II for Transport Topics

Truck tonnage in February was up nearly 6% compared with February 2017, according to American Trucking Associations’ monthly for-hire truck tonnage index. Tonnage is up 7.1% year-to-date, compared with the same two months in 2017.

Burney Simpson | Staff Reporter
March 20, 2018
Business, Logistics

Tonnage Rise Pushes Spot Rates Higher

XPO Logistics truck XPO Logistics

Truck tonnage rose 8.8% in January on a year-over-year basis, according to American Trucking Associations’ monthly for-hire truck tonnage index.

Burney Simpson | Staff Reporter
February 21, 2018
Government, Business

Trucking Market Strongest Since Deregulation, ATA Economist Bob Costello Says

Bob Costello Ari Ashe/Transport Topics

NASHVILLE, Tenn. — The freight market is as strong as it has been since deregulation in the 1980s, according to American Trucking Associations Chief Economist Bob Costello.

Ari Ashe | Staff Reporter
February 14, 2018
Business, Logistics

Truck Tonnage Surges 7.6% in November

Schneider truck Schneider

Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.

Ari Ashe | Staff Reporter
December 19, 2017
Business, Logistics

ATA Tonnage Index Jumps 8.2% in August

Port of Virginia Virginia Port Authority

Truck tonnage took a healthy 8.2% step up in August, perhaps driven by hurricane preparation work and port shipping, American Trucking Associations said Sept. 19.

Jonathan S. Reiskin | Associate News Editor
September 19, 2017
Business, Equipment, Logistics

‘American Truck Trends’ Quantifies Size of Industry

U.S. trucks moved more than 70% of the nation’s freight last year, and the companies that owned those vehicles employed 7.4 million people, according to a new publication from American Trucking Associations.

August 16, 2017

ATA Forecasts 2.8% Freight Growth for 2017, 3.4% Rise Through 2023

FedEx Freight truck Vincent Desjardins/Flickr

American Trucking Associations predicts that freight volumes will grow 2.8% this year and then 3.4% per year through 2023,

Ari Ashe and Jonathan Reiskin | Staff Reporters
July 19, 2017