act-research

Tighter Truck Capacity Boost Freight Rates, ACT

The U.S. for-hire trucking market remained on firmer footing in June as tightening capacity continued to support freight rates, even as freight volumes moderated from May's cycle high, according to the latest ACT Research For-Hire Trucking Index. ACT's seasonally adjusted Volume Index slipped 1.8 points to 65.9 in June from 67.7 in May, but remained in the top 20 percent of readings recorded during the survey's nearly 17-year history. Researchers said ... [+]