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ACT: Supply-driven tightness moderates as freight cycle enters seasonal lull
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ACT: Supply-driven tightness moderates as freight cycle enters seasonal lull
COLUMBUS, Ind. — DAT U.S. dry van truckload spot rates, net fuel, rose 47% year-over-year in July to $2.41 per mile, according to ACT Research’s Freight Forecast: Rate and Volume OUTLOOK report for August. “While the truckload market remains supply-driven, recent months have seen spot demand ease from its highs and driver availability begin to improve, signaling a seasonal lull and moderating the pace of rate increases,” ACT said. The report not…
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