Freight demand is nearing an upturn as growing goods spending, a turning inventory cycle and rising industrial production will add to freight demand this year, according to ACT Research, which projected that after a two-year downturn, the upturn is likely to being within the next few months. read more
APR 25, 2024 - 6:53 am
While trucking demand remains soft overall, rising imports and intermodal trends are key leading indicators of a recovery in trucking this year, according to a recent report from ACT Research. read more
MAR 1, 2024 - 6:51 am
U.S. freight cycle fundamentals will improve in 2024, according to the latest release of ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report. read more
JAN 22, 2024 - 6:34 am
The surprising strength in the economy in 2023 may provide less ballast for freight in 2024, but supply contraction should propel the cycle forward in 2024, even if the broader economy slows, according to ACT Research. read more
DEC 20, 2023 - 6:43 am
According to ACT Research’s latest Freight Forecast, U.S. Rate and Volume Outlook report, freight markets are expected to continue bouncing along the bottom in the near term, with some holiday volatility and a change in trajectory on the way next year. read more
NOV 21, 2023 - 7:00 am
After a long downturn, freight demand fundamentals are gradually improving as pandemic substitution effects fade, destocking plays out and real incomes improve, according to the latest release of the Freight Forecast, U.S. Rate and Volume Outlook report from ACT Research. read more
OCT 31, 2023 - 7:17 am
The latest release of ACT Research’s For-Hire Trucking Index showed continued improvement in freight volumes, pricing and driver availability. read more
OCT 26, 2023 - 7:13 am
The latest release of ACT Research’s “For-Hire Trucking Index” suggests an approaching turning point in the freight cycle, but perhaps not as quickly as for-hire fleets would prefer. read more
SEP 28, 2023 - 5:05 am
Though significant progress has been made in rebalancing, it’s unlikely that freight industry capacity will broadly tighten until pressure from capacity growth eases, according to ACT Research. read more
SEP 25, 2023 - 5:35 am
According to ACT Research, driver capacity models suggest recent record declines in freight rates should be pushing out more jobs while tremors in the LTL market could press an industry rebalancing forward. read more
JUL 14, 2023 - 7:06 am
According to the latest release of ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report, although April likely marked the bottom of the spot rate down cycle, elevated Class 8 build rates will limit near-term upside. read more
JUN 15, 2023 - 5:49 am
According to the latest release of the ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report, the freight cycle remains clearly weak but there are rays of light at the end of the tunnel. read more
MAY 17, 2023 - 7:02 am
According to the latest release of ACT Research’s For-Hire Trucking Index, freight volumes improved but remained weak in March and rates declined further. The Pricing Index fell 5.4 points to 36.5 in March, marking the second lowest reading in the index’s history, with only April of 2020 being lower. read more
APR 28, 2023 - 6:54 am
According to the latest release of ACT Research’s For-Hire Trucking Index, freight volumes and rates declined in February but rate trends should begin to recover once traction on freight volumes is established. read more
MAR 28, 2023 - 7:28 am
According to ACT Research’s recent release of its Freight Forecast, U.S. Rate and Volume Outlook report, the truckload spot market is bottoming as labor capacity slows. read more
MAR 24, 2023 - 7:19 am