ATA Chief Economist Talks Trucking on CNBC's 'Street Signs'

ARLINGTON, Va., March 25 /PRNewswire-USNewswire/ -- American Trucking Associations (ATA) Chief Economist Bob Costello appeared today on CNBC's "Street Signs" program with Erin Burnett to discuss the economic outlook of the trucking industry.

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"This industry got pummeled during the recession," Costello said, with "freight volumes falling a total of 25 percent. The good news is though [freight volumes] are starting to pick a little bit [and ATA] is cautiously optimistic about the economy."

View the entire "Trucking Along" segment here: http://www.cnbc.com/id/15840232?video=1451063525&play=1

ATA's February Tonnage press release can be found in ATA's Newsroom. Also subscribe to the entire report at ATA Business Solutions.

Costello manages ATA's collection, analysis and dissemination of trucking economic information. This includes several monthly trucking economic indicators, motor carrier financial and operating data, an annual freight transportation forecast, driver wage studies, weekly diesel fuel price and economic reports, and a yearly trucking almanac. Costello also conducts economic analyses of proposed regulations and legislation affecting the trucking industry.

The American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of other trucking groups, industry-related conferences, and its 50 affiliated state trucking associations, ATA represents more than 37,000 members covering every type of motor carrier in the United States.

SOURCE American Trucking Associations