According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates, as freight market conditions remain at a low ebb. While less cliff-like, medium duty market indicators continue to support a modest correction into 2020.
Topics: shipping, Classes 5-8, Economy, NA CV OUTLOOK, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, intermodal, demand planning, us freight, commercial freight shipping, freight rates, HeavyDuty, Economics, semitruck, heavy duty truck, GDP
ACT Research released the November installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.
Topics: freight, freight forecast, freight rate, transportation, logistics, Press Releases, supply chain, truck freight, north american trucking, commercial truck and trailer, transportation industry news, trucking, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates
The latest release of ACT’s For-Hire Trucking Index, with September data, showed an even stronger surge than July, with the Volume Index up to 59.6 (SA), from 47.6 in August. The September Pricing Index rebounded as well, if to a lesser degree, rising to 52.2 (SA), from 47.1 in August.
Topics: freight, freight forecast, freight rate, logistics, ACT For-Hire Trucking Index, Press Releases, supply chain, truck freight, north american trucking, commercial truck and trailer, transportation industry news, trucking, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates
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.
Topics: transportation, logistics, shipping, Press Releases, supply chain, transportation industry news, trucking, truck freight rates, us freight, commercial freight shipping, freight rates, rail