Truck Supply Rising, Demand Falling, Says ACT
17 February 2016
The supply of Class 8 trucks continues to rise faster than demand for trucks according to the most recent ACT For-Hire Trucking Index from ACT Research Co., LLC. ACT, based in Indiana, publishes new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China commercial vehicle market.
“The capacity index (supply) rose faster than the freight index (demand) for the fifth consecutive month and the 11th time in the past 13 months in January,” said Steve Tam, ACT’s vice president, commercial vehicle sector. “While this measure had been getting better (less unfavorable) in previous months, a clear fall-off in freight caused the index to deteriorate further in January.”
Fleets in ACT’s survey noted that the East Coast blizzard in January had a deleterious effect on freight volumes, Tam said.
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
POWER SOURCING GUIDE
The trusted reference and buyer’s guide for 83 years
The original “desktop search engine,” guiding nearly 10,000 users in more than 90 countries it is the primary reference for specifications and details on all the components that go into engine systems.
Visit Now
CONNECT WITH THE TEAM
