U.S. trucking sector remains ‘sluggish’

In a word, the U.S. freight environment is “sluggish” — not a good word for a sector considered a leading economic indicator.

The American Trucking Associations’ reported Tuesday (May 22) that its seasonally adjusted Truck Tonnage Index fell 1.1% in April after increasing 0.6% in March. The latest drop put the index at 118.7 (2000=100), down from March’s level of 120.

Year-to-date, compared