ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.
ACT Research Freight Forecast: Freight Market Facing Shortages, Bottlenecks and Imbalances
Topics: freight, freight forecast, freight rate, 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
ACT Research's For-Hire Trucking Index Highlights Tight Supply-Demand Balance
The latest release of ACT’s For-Hire Trucking Index, with October data, showed a second consecutive month of record tightness. October’s Volume Index was flat at 70.7 (SA), while Pricing dropped two points to 69.2, but still a top-decile result. With capacity and driver availability in contraction territory, at 45.8 and 28.6, respectively, the combination of strong demand and tight supply pushed the Supply-Demand Balance to its tightest level in survey history, now at 74.9.
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 Freight Forecast: Spending on Goods Driving Recovery in Freight Demand
ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.
Topics: freight, freight forecast, 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
ACT Research For-Hire Trucking Index Highlights Tight Supply-Demand Balance
The latest release of ACT’s For-Hire Trucking Index, with September data, showed a continuing tight trucking market, with volume and rate surges ongoing and driver availability deteriorating. September’s Volume Index rose to 70.7 (SA), while Pricing hit 71.3, a two-year high. With capacity and driver availability in contraction territory, at 46.6 and 30.6, respectively, the combination of strong demand and tight supply pushed the Supply-Demand Balance to its tightest level in survey history, now at 74.1.
Topics: freight, freight forecast, 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 Freight Forecast: Tightness May Persist
ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.
Topics: freight, freight forecast, 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
ACT Research For-Hire Trucking Index Highlights Driver Shortage
The latest release of ACT’s For-Hire Trucking Index, with August data, showed a continuing tight trucking market, with volume and rate surges ongoing and driver availability deteriorating. August’s Volume Index rose to 67.9 (SA), and productivity was at 67.8. With capacity and driver availability in contraction territory, at 48.9 and 32.0, respectively, the combination of strong demand and tight supply pushed the Pricing Index up to 66.4, a new two-year high.
Topics: freight, freight forecast, 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
Freight Forecast: Recovery into Constrained Capacity Driving Rates to New Highs
ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.
Topics: freight, freight forecast, freight rate, logistics, Press Releases, 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, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates, heavy duty truck
ACT Research For-Hire Trucking Index Highlights Driver Shortage in July
The latest release of ACT’s For-Hire Trucking Index, with July data, showed an across-the-board downtick in the diffusion indexes after a record surge in June, although most measures remained well above the 50 neutral mark. July’s Volume Index fell six points to 64.3 (SA), while pricing and productivity were at 60.3 and 61.5, respectively. Capacity and driver availability were the two indexes in contraction territory, at 48.1 and 39.3, respectively, highlighting that driver capacity is tighter than equipment capacity.
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’s 63rd Seminar Headlined with Economic and CV Discussions on Day One
Moving from an in-person to a virtual platform, ACT Research began its 63rd Seminar on August 11, with a panel discussion about the current state and future of US economics. Panelists included Patrick Manzi, Senior Economist for NADA, as well as ACT’s Principal, Industry Analyst, Jim Meil, and Chief Economist, Sam Kahan.
Topics: freight rate, logistics, Classes 5-8, NA CV OUTLOOK, Press Releases, 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, us freight, last mile delivery, heavy duty truck, north american trailer
Freight Forecast: Spot Rate Spike is Here, Contract Rate Increases Following Soon
ACT Research released the August installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. This monthly 56-page ACT Freight Forecast report provides three-year forecasts for volumes and contract rates for the truckload, less-than-truckload and intermodal sectors of the transportation industry. For the truckload spot market, the report forecasts rates for the next 12-15 months, and this month introduced a forecast for Q3’21. The Freight Forecast provides unmatched detail on the freight rate outlook, helping companies across the supply chain plan their business with greater visibility and less uncertainty.
Topics: freight, freight forecast, 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