Bob Costello
Business

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.

Transport Topics
August 16, 2017
Logistics

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
Business

ATA's Bob Costello: Better Year in Store for Trucking

Costello by John Sommers II for TT

NASHVILLE, Tenn. — After the trucking industry endured what he termed “a freight recession” last year, American Trucking Associations' chief economist, Bob Costello, predicts a rosier 2017.

David Elfin | Staff Reporter
February 24, 2017
Business

Better Roads Could Help Fleets Keep Drivers by Improving Productivity, ATA’s Costello Says

John Sommers II for TT

NASHVILLE, Tenn. — Federal officials should focus more on efforts to reduce traffic congestion along the country’s main roadways, a move that would help retain drivers across the trucking industry, American Trucking Associations Chief Economist Bob Costello said.

Eugene Mulero | Staff Reporter
February 22, 2016

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