ACT Research - Tagged Posts

Is Trucking Pulling Out of the Post-Pandemic Doldrums?

Economic indicators rarely all tell the same story, but increasingly, they are pointing to an improving economy and light at the end of the tunnel for a trucking industry beleaguered by low freight rates.

January Class 8 Orders Significantly Higher Than Year Ago

Both ACT Research and FTR reported Class 8 preliminary net orders increased in January over December 2023, but taking a broader view both noted large increases in orders compared to the same time a year ago.

Freight Recession: Signs of Improvement?

The freight recession continues to bump along the bottom, with the spot market continuing to be battered by overcapacity amidst freight demand that is somewhat improved but still soft.

HDT Fact Book 2023: Industry Adjusts to the Downside of the Freight Cycle

While 2022 was a challenging year for trucking, there was still growth in revenue, tonnage, employment, and other areas. In mid-2023, a number of data points appear to indicate that the current freight cycle is bottoming out. How fast it will head back up is another question.

ACT Research: For-Hire Survey Suggests a Gradually Improving Freight Market

The latest release of ACT’s For-Hire Trucking Index shows continued improvement in freight volumes, pricing, and driver availability. This month’s reading still shows a gradually improving volume trend.

Class 8 Orders Nearly Double as 2024 Build Slots Fully Open

Both ACT Research and FTR are reporting significant increases in September Class 8 truck orders over August as the 2024 order boards open.

ACT Research Names David Teolis Chief Economist

ACT Research announced that David Teolis, former deputy chief economist, international markets, FX and commodities for General Motors Company, has joined the firm in the position of chief economist.

Higher Trailer Build Forecast, Class 8 Backorders Easing

ACT Research analysts expect higher trailer build numbers in 2023 and 2024, but there are clouds, while Class 8 2023 build backlogs will continue to decline, as the rebalancing of the freight market is being drawn out.

Class 8 Orders in July Beat Expectations

Preliminary analysis of Class 8 tractor orders for July seems to show an upswing, beating expectations, according to both ACT Research and FTR Transportation Intelligence.

Analysts Rate Freight Cycle at or Near Bottom

Several leading industry reports point toward a freight cycle that has hit bottom or will soon. DAT reports its June numbers indicate the spot rate bottom has already happened.

Is Trucking Pulling Out of the Post-Pandemic Doldrums?

January Class 8 Orders Significantly Higher Than Year Ago

Freight Recession: Signs of Improvement?

HDT Fact Book 2023: Industry Adjusts to the Downside of the Freight Cycle

ACT Research: For-Hire Survey Suggests a Gradually Improving Freight Market

Class 8 Orders Nearly Double as 2024 Build Slots Fully Open

ACT Research Names David Teolis Chief Economist

Higher Trailer Build Forecast, Class 8 Backorders Easing

Class 8 Orders in July Beat Expectations

Analysts Rate Freight Cycle at or Near Bottom

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