Tonnage Index Grew Just 0.1% in 2025
Washington – Trucking activity in the United States increased slightly in December, but volumes remained at low levels after significant declines in September and October. Specifically, truck freight tonnage increased 0.4% after rising 0.2% in November, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index.
“Despite two consecutive gains, tonnage remains at low levels as the freight metric contracted a total of 2.7% in September and October,” said ATA Chief Economist Bob Costello. “Soft manufacturing and construction activity are continuing to suppress freight levels, as they did for much of last year. For 2025 in total, tonnage rose just 0.1% over the 2024 average, although it was the first annual gain since 2022.”
In December, the ATA advanced seasonally adjusted For-Hire Truck Tonnage Index equaled 112.9, up from 112.4 in November. The index, which is based on 2015 as 100, increased 0.9% from the same month in 2024 after decreasing the two previous months on a year-over-year basis. For the fourth quarter, the index average fell 1.8% from the third quarter, the largest sequential quarterly decline since the second quarter of 2023, and was down 0.3% from the final three months in 2024.
November’s SA gain was unchanged from what was first reported in our December 23 press release.
The not seasonally adjusted index, which calculates raw changes in tonnage hauled, equaled 111.9 in December, 4.3% above November’s reading of 107.3.
Trucking serves as a barometer of the U.S. economy, representing 72.7% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled 11.27 billion tons of freight in 2024.* Motor carriers collected $906 billion, or 76.9% of total revenue earned by all transport modes.
Both indices are dominated by contract freight, as opposed to traditional spot market freight. The tonnage index is calculated on surveys from its membership and has been doing so since the 1970s. This is a preliminary figure and subject to change in the final report issued around the 5th day of each month. The report includes month-to-month and year-over-year results, relevant economic comparisons, and key financial indicators.
* 2024 estimates include forecasts.