From the ATRI: New data shows how COVID-19 has impacted trucking
The American Transportation Institute (ATRI) has released new data that measures COVID-19’s disruptive impact on the trucking industry. The ATRI’s analysis looks at truck activity across six states, from February 9 through April 18, 2020, by pulling its real-time truck GPS dataset into a truck activity index.
According to the data, initial truck activity spiked from early February and into March due to high consumer demand for non-perishables, paper products and emergency medical supplies. However, stay-at-home orders shut orders, which have shut down major segments of the economy, meant a decline in trucking activity into April.
Key findings of the 6 states analyzed
Of the six states featured in this analysis, California launched the earliest stay-at-home order (March 19). Correspondingly, this state saw the earliest spike in trucking activity, but now sees an 8.3% decrease from early February.
Florida, Illinois and New York
Trucking activity spiked the week of March 8, but Florida, Illinois and New York now see an average decrease of 10% from early February. However, New York, is showing signs of normalizing. One of the earliest to see high volumes of COVID-19 cases, trucking activity in New York saw an uptick the week of April 12.
Pennsylvania and Washington
“In these unprecedented times, we need to rely on science and facts, not anecdotes and speculation. This ATRI research is able to tell us in near-real-time what the pandemic is really doing to the trucking industry,” said American Trucking Associations Chief Economist, Bob Costello. Read the full article on the ATRI’s website.