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ACT Research For-Hire Trucking Index Highlights Driver Shortage

Posted by Jennifer McNealy on Sep 24, 2020 11:30:00 AM

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.

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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

Posted by Jennifer McNealy on Sep 10, 2020 2:33:09 PM

ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.

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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

Posted by Jennifer McNealy on Aug 26, 2020 12:15:00 PM

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.

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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

Posted by Jennifer McNealy on Aug 11, 2020 3:56:42 PM

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.

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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

Posted by Jennifer McNealy on Aug 10, 2020 3:00:00 PM

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.

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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: Rebounds Continued in June, Following April’s “Worst Readings” In History

Posted by Jennifer McNealy on Jul 23, 2020 8:00:00 AM

The latest release of ACT’s For-Hire Trucking Index, with June data, showed continued and significant improvement in the diffusion index measures tracked. June’s Volume Index rose to 70.4 in June, from 19.3 in April and 50.2 in May, with pricing and productivity at 65.2 and 69.9, respectively. Capacity remained stuck in neutral, hovering near the 50 mark.

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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: Pandemic Response Creates Driver Shortage, Pulling Rate Cycle Forward

Posted by Jennifer McNealy on Jul 13, 2020 8:00:00 AM

ACT Research released the July 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.

Read More

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: May’s Rebounds to Neutral Territory Are Marked Improvement from April’s “Worst Readings” In History

Posted by Jennifer McNealy on Jun 23, 2020 5:31:58 PM

The latest release of ACT’s For-Hire Trucking Index, with May data, showed significant improvement in all five diffusion index measures tracked. May’s Volume Index rose from 19.3 in April to 50.2, with capacity also at the neutral 50 mark, and pricing and productivity both in the mid-40 range.

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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: Bottoming Process Accelerates, But Latent Capacity Puts Rate Rebound At Risk

Posted by Jennifer McNealy on Jun 11, 2020 11:02:32 AM

ACT Research released the June 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. The Freight Forecast provides unmatched detail on the future of freight rates, helping companies across the supply chain plan their business with greater visibility and less uncertainty

Read More

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 Freight Forecast: Bottoming Process Beginning for the Trucking Cycle

Posted by Jennifer McNealy on May 14, 2020 10:20:19 AM

ACT Research released the May 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. The Freight Forecast provides unmatched detail on the future of freight rates, helping companies across the supply chain plan their business with greater visibility and less uncertainty.

Read More

Topics: freight, freight forecast, freight rate, logistics, shipping, Press Releases, supply chain, truck freight, commercial truck and trailer, transportation industry news, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates

About ACT Research

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

2019 Lawrence R. Klein Award Winner: Most Accurate Economic Forecast 2015-2019

  Partner to LMC Automotive and the Chinese State Information Center

  Contributor to the Blue Chip Financial and Wall Street Journal Consensus Economic Forecast


 

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