US EditionACT’s For-Hire Trucking Index sees July increase
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ACT’s For-Hire Trucking Index sees July increase
COLUMBUS, Ind. — The latest release of ACT’s For-Hire Trucking Index sees a supply and demand balance increase in July, as freight volumes ticked up and capacity declined. “Consumer spending continues to outpace inflation, but consumers have so far been insulated from price increases, as tariff costs have yet to be fully passed on to the consumer,” said Carter Vieth, research analyst, ACT. “This won’t last much longer, as retailers have been rai…
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