US EditionACT: Tariff effects, ongoing overcapacity prolong for-hire volume downcycle
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ACT: Tariff effects, ongoing overcapacity prolong for-hire volume downcycle
COLUMBUS, Ind. — The latest release of ACT’s For-Hire Trucking Index indicates the supply and demand balance declined in June, as freight volumes decreased and capacity ticked up. The Volume Index The Volume Index was soft for a fourth straight month, at 41.5 seasonally adjusted (SA) in June, down from 42.5 in May as tariff-related effects, particularly early-April tariffs which were quickly lowered, and ongoing overcapacity prolong the downcycl…
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