ACT Research: Class 8 Supply Still Rising Faster than Demand - Tire Review Magazine

ACT Research: Class 8 Supply Still Rising Faster than Demand

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The ACT For-Hire Trucking Index from ACT Research Co. has reported the supply of Class 8 trucks continues to rise faster than demand.

Supply (capacity index) rose faster than demand (freight index) for the 8th time in 10 months in September, said Kenny Vieth, ACT’s president and senior analyst.

“We have to go back to the second half of 2012 to find a comparable period of imbalance – a period marked by anemic economic growth and strong U.S. Class 8 retail sales. With strong Class 8 sales expected into the end of the year, and no apparent catalyst to trigger stronger economic growth, we would expect capacity additions to remain ahead of freight creation at least into the end of 2015,” he added.

For more information on ACT, visit http://www.actresearch.net.

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