In its latest Freight Forecast, ACT Research maintained its view that truckload and intermodal rates will fall this year due to overcapacity and weak freight demand. Despite conditions that indicate overcapacity and low truck orders, new truck production is still at...
FTR’s Trucking Conditions Index for March showed its first negative reading in several years, reflecting a softening environment for carriers. The March TCI reading fell to -1.18 driven by easing freight rates and sluggish, though still positive, demand. Active truck...
