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ACT Research: Truckload cycle should see upswing into 2025

Summary by thetrucker.com
COLUMBUS, Ind. — The truckload market is fairly balanced as 2024 nears an end, but it is changing, according to the latest release of the Freight Forecast: Rate and Volume OUTLOOK report from ACT Research. “Currently, with a significant capacity contraction by for-hire fleets and private fleet insourcing slowing, capacity has finally rebalanced enough for rates to start moving higher,” said Tim Denoyer, ACT Research’s vice president and senior a…
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