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ACT Research Freight Forecast: Spot Pressure to Persist on More Capacity Additions

Posted by Jennifer McNealy on Oct 10, 2019 12:44:46 PM

ACT Research released the October installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors. After a less negative spot environment over the summer, ACT now expects excess capacity to exert more downward pressure on truckload spot rates. ACT Research also introduced its Q3’20 truckload spot rate forecasts in this month’s report.

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Topics: transportation, logistics, shipping, Press Releases, supply chain, transportation industry news, trucking, truck freight rates, us freight, commercial freight shipping, freight rates, rail

ACT Research: Commercial Vehicle Markets Heading for a Market Correction in 2020

Posted by Jennifer McNealy on Oct 3, 2019 7:00:00 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the heavy truck and trailer markets, and increasingly the medium duty market, are heading for corrections in 2020, even as the slow growth US economic outlook remains largely unchanged, aside from concerns about trade and tariffs. The key driver of the near to mid-term outlook is the US consumer, who remains well positioned to keep the economy out of the ditch.

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Topics: freight, transportation, logistics, Press Releases, trucking, commercial freight shipping, HeavyDuty, Economics

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We're the leading publisher of commercial vehicle industry data, market analysis, and economic forecasting services for the North American market.

 

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