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ACT: For-Hire Index emphasizes supply-driven freight recovery
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ACT: For-Hire Index emphasizes supply-driven freight recovery
COLUMBUS, Ind. — The latest release of ACT Research’s For-Hire Trucking Index indicates the supply and demand balance tightened in March, as freight volumes remained elevated and capacity continued contracting. The Volume Index The Volume Index decreased 1.9 points to 60.5 (SA) in March, remaining elevated, though with a bit less demand than February, when the new cycle high of 62.4 was aided by severe winter weather in late January. “In five of…
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