ACT Research: Tariffs raising equipment prices
Summary by thetrucker.com
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ACT Research: Tariffs raising equipment prices
COLUMBUS, Ind. — Tariffs continue to impact the trucking industry. “As the economy is likely to absorb the effects of tariffs over the next several months, our freight demand outlook remains cautious,” said Tim Denoyer, ACT Research’s vice president and senior analyst. “But the silver lining of lower vehicle production and lost manufacturing jobs is that tighter capacity will likely drive freight back to the for-hire market in the future.” Freig…
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