The ATA For-Hire Truck Tonnage Index increased 0.6% MoM in July 2025 to 113.7, but remained down -0.1% YoY, indicating that freight volumes are still flat compared with last year.

• June’s decline was revised lower to -0.7% MoM, and overall tonnage has stayed within a narrow range since March.

• The not seasonally adjusted index rose 1.9% MoM to 116.8, reflecting typical seasonal lift.

• Year-to-date tonnage was unchanged relative to the same period in 2024, showing a lack of momentum.

• ATA noted mixed drivers: strength in housing starts and retail sales, while manufacturing output was flat to down depending on the measure.