ATA Chief Economist Bob Costello said that he is getting more optimistic about the motor carrier industry’s recovery.
“Freight is moving in the right direction and I continue to hear from motor carriers that both the demand and supply situations are steadily improving,” he said in a statement.
Costello attributed the first-quarter improvement in tonnage to the growing economy and to a slight inventory build after some sectors slashed inventories by too much in 2009.
