For-hire freight capacity increased in March ahead of tariff price increases
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1 Articles
For-hire freight capacity increased in March ahead of tariff price increases
COLUMBUS, Ind. — The latest release of ACT Research’s For-Hire Trucking Index indicated the supply and demand balance fell as freight volumes decreased and capacity increased. “While spot load postings were strong in March, this is consistent with ongoing softness in the Cass Freight Index,” said Carter Vieth, research analyst at ACT. “The weak reading in our survey, may be related to the later timing of the Chinese New Year this year, creating …
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