ACT Research: Class 8 Supply Still Rising Faster than Demand
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
Trucking Going Strong Despite Challenges
The economy is not great, but not too bad. We’re halfway through 2015, which means we’re also well into the sixth year of recovery since the Great Recession “officially” ended. Based on historical data and the fact recessions are cyclical, you would assume that another recession looms in our future. The good news is that
