First-quarter 2019 GDP grew at 3.2%, and the latest guess about the second quarter is 1.7%. That latter number is a disappointment for sure, but it is not a negative, says longtime trucking economic analyst Noel Perry. But what about freight?
ACT Research: For-Hire Truck Market 'Essentially Balanced'
In its latest For-Hire Trucking Index Report, ACT Research found downticks across each of the volume, productivity and capacity results, though freight rates have improved since August.