Kenny's Interview on Heavy Duty Trucks Still Relevant? On February 4, 2019, Kenny Vieth gave an interview with CNBC's Nightly Business Report. At that time the commercial vehicle trucking industry was coming out of a record setting year, 490,000 heavy duty, class 8 orders. However, questions were being asked about industry capacity and the potential [...]
Tim Denoyer was asked to provide a guest article for DAT. In the post, he shared his thoughts and insights on the freight market and what been happening over the last 12 months. The freight market has been soft for almost a year, and in our view, slid into freight recession in the first half [...]
ACT Research: Industry Currently Astride Class 8 Demand Inflection According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, June’s Class 8 order broke the string of falling order volumes, with the opening of 2020 order books, garnering a 19% rebound. While better orders slowed the rapid backlog decline, the situation is [...]
ACT Research July Freight Forecast: Freight Recession is Here, but Evidence Emerges to Support an Eventual Spot Upturn
ACT Research July Freight Forecast: Freight Recession is Here, but Evidence Emerges to Support an Eventual Spot Upturn ACT Research released the July installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK covering the truckload, intermodal, LTL and last mile sectors.
Freight Market Basics....What you need to know. Demand - Supply = Price.
The Rollover ACT has been involved in the freight sector for decades, but for the past year we have been investing time and energy in developing the ACT's Freight Forecast report. The report analyzes data from around the freight sector, focusing on the links between the equipment manufacturing side of the equation and freight rates. The [...]
Breaking Down the Truckload Cycle. The historical truckload cycle gives insights into the current truckload environment and what to anticipate as we measure demand and supply of the freight market. The Classic Cycle of the U.S. Truckload Sector
ACT Research: Economy Strong, but Moderating; CV Industry Nearing Inflection Point In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the economic picture remains largely unchanged, with growth moderating in 2019 from strong 2018 growth. The economy was already moderating as tailwinds from the end-of-2017 tax cuts diminished, but other caution [...]
ACT Research For-Hire Trucking Index: The News Isn’t Good; All Metrics, Except Capacity, Fell in May
ACT Research For-Hire Trucking Index: The News Isn’t Good; All Metrics, Except Capacity, Fell in May The latest release of ACT’s For-Hire Trucking Index showed nearly across-the-board declines, with capacity being the lone exception. The Pricing Index fell considerably, to 38.8, in May on a seasonally adjusted basis, the lowest in survey history. from 45.4 [...]
ACT Research May Freight Forecast: Slow Freight and Fast Tractor Sales Pressure Rate Outlook COLUMBUS, IN – ACT Research released the May installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.