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ACT Research reported freight volumes, rates and capacity continued to decline in April, but the supply-demand rebalancing has begun. Also: Florida HHG mover pleads guilty to scheme charges; autonomous firm Kodiak adds new VP of Safety.
CVSA's annual unannounced Brake Safety Day, this year held April 19, saw 773 trucks placed out of service. Also: ACT reports that, while rates are still in favor of shippers, a rebalancing is underway; latest Highway Angel.
CVSA's annual unannounced Brake Safety Day, this year held April 19, saw 773 trucks placed out of service. Also: ACT reports that, while rates are still in favor of shippers, a rebalancing is underway; latest Highway Angel.
COLUMBUS, Ind. – Freight volumes, rates and capacity continued their decline in April, according to the latest release of ACT’s For-Hire Trucking Index.
ACT Research reports the supply and demand dynamics in the freight market are beginning to recover. Its recent data suggests demand fundamentals improving and capacity starting to tighten may signal the industry is approaching the bottom of the freight cycle.