Recent economic reports from trucking industry analysts show a decline in the freight market in the near term, but it could stabilize in the long term.
ACT Research will now publish a monthly report that will focus on the future of the U.S. trucking industry. The report, ACT Freight Forecast, U.S. Rate and Volume Outlook, will cover the truckload, intermodal, LTL and last mile sectors.
Every winter impacts the economy in some way, but this season was especially tough and could have led to a slowdown in truck freight.
John Larkin, investment banker and longtime transportation investment research analyst, outlined the trends he’s seeing in freight transportation, many of which are being driven by the evolution of the retail supply chain.
Big mergers and acquisitions deals changed the third-party logistics market in 2016, with XPO Logistics leading the way with $100 million worth of deals.
HDMA has announced the formation of the Commercial Vehicle Research Council, a dedicated research council to provide a forum for key trends and issues within the heavy-duty commercial vehicle industry.
Rim Yurkus, co-founder, president and CEO of Strategic Programs, died last month, according to representatives of his company.