Truck freight shipments and spending continued to contract in Q3/24, albeit at a slower pace than earlier this year, according to the latest U.S. Bank Freight Payment Index. Shipments were down 1.9% quarter over quarter, while spending dropped 1.4%. read more
NOV 4, 2024 - 5:57 am
Recent data show declining equipment and load posts, in a sign of ongoing private fleet insourcing, according to the latest release of the Freight Forecast: Rate and Volume OUTLOOK report by ACT Research. read more
SEP 25, 2024 - 6:09 am
According to the American Trucking Associations (ATA), “trucks move roughly 72.6% of the nation’s freight by weight.” That reflects about 11.5 billion tons of freight in 2022. With numbers that large, you might think that truck fleets are predominantly big... read more
July 2024
The freight market continues to be characterized by overcapacity, and with private fleets engaging in spot activity more than in past cycles, spot rates remain only slightly above the late-2023 lows, according to ACT Research. read more
JUL 25, 2024 - 6:28 am
Ever since COVID-19, the global economy has been on a rollercoaster ride, experiencing significant ups and downs brought about by supply chain issues either caused or exacerbated by the pandemic. It’s a tale told around the globe: after the pandemic... read more
February 2024
According to ACT Research, the freight index rose faster than the capacity index for the 11th consecutive month, allowing the supply-demand balance to climb to the second highest reading ever recorded. read more
DEC 18, 2017 - 7:11 am