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ACT: Capacity contraction quickens
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ACT: Capacity contraction quickens
COLUMBUS, Ind. — While demand trends are mixed and the outlook remains cloudy, capacity continues to contract, as discussed in the latest release of the ACT Research Freight Forecast: Rate and Volume OUTLOOK report. “Class 8 tractor production is on track to decline about 35% from 1H to 2H this year, to a rate several thousand trucks per month below what is needed to maintain the fleet size,” said Tim Denoyer, vice president, senior analyst, ACT…
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