Truck Parts and Service: ACT switches up forecasts as inventories hit new high
ACT Research reported Tuesday its medium- and heavy-duty truck forecast for 2025 shifted down sharply this month, even as 2024 forecasts push higher.
ACT Research reported Tuesday its medium- and heavy-duty truck forecast for 2025 shifted down sharply this month, even as 2024 forecasts push higher.
Last week’s lower volumes and flat rates showed a typical mid-August pattern for truck demand on the spot market
Fewer US shippers are expecting significant rate increases from truckload carriers in early 2025 as economic indicators and reports point to slower economic growth than recently anticipated and uncertainty about freight demand.
Many owner-operators don’t know what beneficial ownership information is or why they have to file it, so Land Line Now gets answers from two experts.
DAT Freight & Analytics, a leader in transportation and logistics data, has announced a strategic partnership with Orderful, an advanced Electronic Data Interchange (EDI) vendor specializing in end-to-end document management for enterprise-level shippers.
US trucking executives are expressing optimism that their recession may soon end as freight rates are poised to increase for the first time in nearly two years. The average cost of transporting goods by truck is expected to rise by 0.2% year-over-year this month, following 27 consecutive months of decline, according to freight marketplace DAT Solutions. Demand appears to be returning to pre-pandemic levels, with trucking executives predicting a recovery as their stock prices climb.
DAT Freight & Analytics announces a strategic partnership with Orderful, an advanced Electronic Data Interchange (EDI) vendor specializing in end-to-end document management for enterprise-level shippers.
Spot rates held firm as DAT One load posts rose and capacity tightened The number of loads posted on DAT One rose by 1% to 1.88 million last week. That’s down 9% year over year. Truck posts fell 9% to 307,931, the lowest Week 31 total since 2017.
A historic purge of capacity among large US truckload carriers is under way, with the carriers in the Journal of Commerce Truckload Capacity Index (TCI) slashing their collective truck capacity by 9.5% year over year in the second quarter.
Beaverton, Ore.-based DAT Freight & Analytics has reported spot truckload rates rose in June despite declines in the number of loads moved.