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News Stories (63 Results) - Tim Denoyer

The freight market continues to be characterized by overcapacity, and with private fleets engaging in spot activity more than in past cycles, spot rates remain only slightly above the late-2023 lows, according to the latest release of the Freight... Read Story
July 22, 2024, 07:05 AM


Trucking data in May were disinflationary—higher truck orders, lower Cass shipments, and stalling spot trends—and show an industry prioritizing planning for emissions rules over cost economics, according to the latest release of the Freight Forecast:... Read Story
June 19, 2024, 07:15 AM


Freight demand is nearing an upturn as growing goods spending, a turning inventory cycle, and rising industrial production will add to freight demand this year. After a two-year downturn, the upturn is likely within a couple of months, according to... Read Story
April 26, 2024, 07:00 AM


While trucking demand remains soft overall, rising imports and intermodal trends are key leading indicators of a recovery in trucking this year, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK report. Recovering... Read Story
March 01, 2024, 07:00 AM


ACT Research’s semi-annual seminar in February hosted industry leaders such as Bill Kretsinger, Chairman and CEO at American Central Transport, Joe Vitiritto, President and CEO at PAM Transport, and Marshall Franklin, CEO and CFO at Highway Transport... Read Story
February 29, 2024, 07:05 AM


he latest release of ACT Research’s For-Hire Trucking Index reflects the gradually recovering freight market.The Supply-Demand Balance tightened by 2.2 points in December to 54.2, seasonally adjusted, from 52.0 in November.Tim Denoyer, Vice President... Read Story
January 30, 2024, 07:00 AM


U.S. freight cycle fundamentals will improve in 2024, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK report. Freight demand is below trend, but starting to recover, as post-pandemic effects fade, both real... Read Story
January 19, 2024, 07:15 AM


The surprising strength in the economy in 2023 may provide less ballast for freight in 2024, but supply contraction should propel the cycle forward in 2024, even if the broad economy slows, according to the latest release of the Freight Forecast, U.S... Read Story
December 22, 2023, 07:15 AM


Expectations are for freight markets to continue bouncing along the bottom in the near term, with some holiday volatility and a change in trajectory on the way next year, according to the latest release of the Freight Forecast, U.S. Rate and Volume... Read Story
November 21, 2023, 07:00 AM


After a long downturn, freight demand fundamentals are gradually improving as pandemic substitution effects fade, destocking plays out, and real incomes improve, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK... Read Story
October 31, 2023, 07:00 AM


The latest release of ACT Research's For-Hire Trucking Index shows continued improvement in freight volumes, pricing and driver availability.The Volume Index fell 4.9 points in September to 49.5 seasonally adjusted (SA), from 54.4 in August. While... Read Story
October 26, 2023, 07:18 AM


The rebalancing process in the U.S. freight market is being drawn out by reluctance to part with workers and significant private fleet capacity expansion, even as pressure on fleets worsened this month as diesel prices spiked, according to the latest... Read Story
August 18, 2023, 07:05 AM


According to the latest release of the Freight Forecast: U.S. Rate and Volume OUTLOOK report, driver capacity models suggest the record declines in freight rates should be pushing out more jobs, generating the kind of creative destruction needed to... Read Story
July 14, 2023, 07:00 AM


Freight volumes, rates and supply-demand balance see positive progress in May, according to the latest release of ACT Research’s For-Hire Trucking Index.The Trucking Volume Index jumped in May to 49.4 (SA) from 37.7 in April, as destocking began to... Read Story
June 22, 2023, 07:15 AM


According to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK report, ACT Research said that though April will likely mark the bottom of the spot rate downcycle, elevated Class 8 build rates will limit the near-term... Read Story
June 15, 2023, 07:05 AM


Freight volumes, rates, and capacity continued their decline in April, according to the latest release of ACT’s For-Hire Trucking Index.The Trucking Volume Index weakened further in April, at 37.6 versus 44.6 in March. Destocking contributed to the... Read Story
May 26, 2023, 07:10 AM


The freight cycle remains clearly weak, according to the latest release of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report, but there are rays of light at the end of the tunnel. ACT Research sees the tightly intertwined supply and... Read Story
May 17, 2023, 07:00 AM


Freight volumes improved, but remained weak, in March, and rates declined further, according to the latest release of ACT Research’s For-Hire Trucking Index.The Trucking Volume Index declined by less in March, at 45.3 (SA) versus 43.1 in February.... Read Story
April 28, 2023, 07:11 AM


Freight demand is likely to be soft for some time, but nascent capacity removal will be key to rebalancing. ACT Research points to slower declines and wider spreads between specialized and dry van rates this year and note that a lot of rebalancing... Read Story
April 19, 2023, 07:00 AM


Freight volumes and rates declined in February, but we’re closer to the end than the start of this freight downcycle. Rate trends should begin to recover as soon as traction on freight volumes is established, and slower capacity growth this month is... Read Story
March 28, 2023, 07:10 AM


The mild freight downturn is likely to persist as banking crises fray nerves and the retail destock progresses, and restocking is unlikely for a while. The truckload spot market is bottoming as labor capacity slows, according to the latest release of... Read Story
March 24, 2023, 07:16 AM


The latest release of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK reported truckload spot rates, insights on the upcoming CVSA Road Check, and freight cycle bottoming.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said... Read Story
February 16, 2023, 07:02 AM


The latest release of ACT Research’s For-Hire Trucking Index shows volumes and the supply-demand balance increased in December, while freight trucking rates continue to decline.Concerning volume, Tim Denoyer, Vice President & Senior Analyst at ACT... Read Story
January 24, 2023, 07:02 AM


The latest release of ACT Research’s For-Hire Trucking Index showed the Supply-Demand Balance and volumes decreased, while freight rates continue to decline.Concerning volume, Tim Denoyer, Vice President & Senior Analyst at ACT Research, said... Read Story
January 03, 2023, 07:15 AM


ACT Research released the December 2022 installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “We’re pleased to announce the first new product since we began... Read Story
December 15, 2022, 06:00 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “While we lower truckload rate forecasts on supply factors, we believe... Read Story
November 22, 2022, 06:25 AM


The latest release of ACT Research’s For-Hire Trucking Index showed volume, productivity and the supply-demand balance all declined in September.Concerning volume, Tim Denoyer, Vice President & Senior Analyst at ACT Research, commented, “It’s getting... Read Story
October 24, 2022, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index showed volume and productivity up, with the Supply-Demand Balance in July rising as the increase in volumes outweighed the increase in capacity.Tim Denoyer, Vice President & Senior Analyst... Read Story
August 23, 2022, 07:00 AM


ACT Research has published a North American commercial vehicle and transportation prebuy analysis, Bigger Than Ever?: The Higher the Cost, The Bigger the Prebuy, which analyzes the new U.S. Environmental Protection Agency (EPA) Notice of Proposed... Read Story
August 17, 2022, 07:17 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “As recently as the start of the year, pricing power in the truckload... Read Story
May 16, 2022, 07:00 AM


ACT Research began its 66th Seminar with a panel discussion about the current state and future of U.S. economics. Panelists included Bryan Bezold, Senior Economist at Ford; as well as ACT’s Principal, Industry Analyst, Jim Meil; and Chief Economist... Read Story
March 01, 2022, 07:03 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “Freight markets remain tight as we head into a clearly historic peak... Read Story
September 14, 2021, 07:05 AM


The latest release of ACT Research’s For-Hire Trucking Index, with July data, showed an uptick in volumes and pricing moderating, with a still-strong supply-demand balance.Tim Denoyer, Vice President and Senior Analyst at ACT Research, commented... Read Story
August 23, 2021, 07:05 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.“One decidedly different factor becoming clear in this economic recovery is that the ceiling on the capital goods cycle has been decisively... Read Story
June 15, 2021, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index, with April data, showed a slowing in volumes, strength in pricing, and a supply-demand balance that is still tight, but beginning to show early signs of rebalancing. The ACT For-Hire... Read Story
May 26, 2021, 07:05 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, April Class 8 net orders pulled back to a seven-month low, with benign cancellations. ACT Research attributes the order pullback not to any slowing in demand, but... Read Story
May 19, 2021, 07:07 AM


The latest release of ACT Research’s For-Hire Trucking Index, with March data, showed a Driver Availability Index that has tightened to another new low point in the past three years, the fourth in a row.Tim Denoyer, ACT Research’s Vice President and... Read Story
May 03, 2021, 07:00 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “With visibility on a strong freight cycle still unusually good, this... Read Story
April 13, 2021, 07:00 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “Pushing commercial vehicle demand forward, freight rates ended... Read Story
March 15, 2021, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index, with January data, showed a Driver Availability Index that has tightened to its lowest point in the past three years.The ACT For-Hire Trucking Index is a monthly survey of for-hire... Read Story
March 08, 2021, 07:05 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “Freight is typically not a backlog business, but in the holiday season... Read Story
December 14, 2020, 07:10 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “The substitution of spending to goods and away from services is... Read Story
November 17, 2020, 07:00 AM


ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.“Although we expect some easing in the truckload market after the holidays due to driver pay increases and the end of extended unemployment... Read Story
October 13, 2020, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index, with August data, showed a continuing tight trucking market, with volume and rate surges ongoing and driver availability deteriorating. August’s Volume Index rose to 67.9 (SA), and... Read Story
September 25, 2020, 07:05 AM


ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “The nearly two-year freight recession is finally ending, but the... Read Story
September 11, 2020, 07:05 AM


ACT Research released the August installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “A freight recovery amidst a driver shortage has driven an acutely... Read Story
August 11, 2020, 07:10 AM


The latest release of ACT Research’s For-Hire Trucking Index, with May data, showed significant improvement in all five diffusion index measures tracked. May’s Volume Index rose from 19.3 in April to 50.2, with capacity also at the neutral 50 mark... Read Story
June 24, 2020, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index, with March data, showed further contraction for both volumes and freight rates, now at 42.4 and 43.2 respective diffusion index readings. Productivity, while neutral at 50.0, likely was... Read Story
April 22, 2020, 07:12 AM


ACT Research released the April installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. For the truckload spot market, the report forecasts rates for the next 12 to 15 months.This month, it introduced TL spot rates forecasts for... Read Story
April 10, 2020, 06:55 AM


ACT Research released the March installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “There’s... Read Story
March 16, 2020, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index, with December data, showed improvement in for-hire freight volumes and utilization, with 55.5 and 52.3 respective diffusion index readings, both up four points from November on a... Read Story
January 23, 2020, 07:00 AM


ACT Research released the December installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.The ACT Freight Forecast provides three-year forecasts for volumes and... Read Story
December 11, 2019, 07:10 AM


Preliminary November data show that Classes 5-8 net order volumes were uniformly soft. Combined North American Classes 5-8 intake fell 15 percent month over month and 38 percent year over year in November on a nominal basis, ACT Research reported.... Read Story
December 04, 2019, 07:09 AM


ACT Research released the November installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.The ACT Freight Forecast provides three-year forecasts for volumes and... Read Story
November 12, 2019, 07:01 AM


According to ACT Research’s recently released Transportation Digest, the Class 8 market is moving from 2019 peak activity in sales and build into a substantial correction in 2020. Activity for the total MD market was jumbled in August, confirming the... Read Story
October 28, 2019, 07:00 AM


ACT Research released the August installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors. ACT Research maintained its view that truckload and intermodal contract rates... Read Story
August 12, 2019, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index, June data, showed nearly across-the-board declines, with capacity again the lone exception. The Volume Index dropped further into negative territory, falling to 43.2 (SA) in June, from... Read Story
July 22, 2019, 07:00 AM


ACT Research released the July installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK, covering the truckload, intermodal, LTL and last mile sectors.ACT Research maintained its view that truckload and intermodal contract rates will... Read Story
July 15, 2019, 07:05 AM


According to ACT Research’s recently released Transportation Digest, Class 8 retail sales and build are starting the summer at near-record high levels, but evidence supporting a change in direction continues to accumulate. At the same time, the... Read Story
June 24, 2019, 07:00 AM


The latest release of ACT Research's For-Hire Trucking Index showed a downtick in volume, pricing and productivity, with the supply-demand balance continuing trend, loosening for the fourth consecutive month. The Volume Index returned to negative... Read Story
March 18, 2019, 07:05 AM


The latest release of ACT Research’s For-Hire Trucking Index showed the Volume Index dropping into negative territory, at 48.1, in November, for the first time in 27 months (50 is neutral). The supply-demand balance turned down even further, hitting... Read Story
December 19, 2018, 06:56 AM


The latest ACT Research For-Hire Trucking Index showed an increase in the supply-demand balance, rising to 58.0 seasonally-adjusted in July, from a 54.0 reading in June.“Both freight volumes and rates improved in July from June on a seasonally... Read Story
August 29, 2018, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index showed the supply-demand balance falling to 54 on a seasonally adjusted basis in June from 60.9 in May. This reverses much of the April/May rebound, amid both softer volume and faster... Read Story
July 23, 2018, 07:05 AM