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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: NA Medium Duty Demand Slowed, while Class 8 Order Intake Improved in September

Posted by Jennifer McNealy on Oct 2, 2019 8:50:00 PM

Preliminary North America Class 8 net order data show the industry booked 12,600 units in September, up 13% from August, while Classes 5-7 orders fell 9.4% m/m, to 17,300 units. Note that these numbers are preliminary. Complete industry data for September, including final order numbers, will be published by ACT Research in mid-October.

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Topics: freight, transportation, Press Releases, trucking, truck freight rates, semitruck

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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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