TransForce’s Post

View organization page for TransForce, graphic

10,005 followers

ACT Research Co. reports a slow recovery in the for-hire trucking market. April saw a decrease in the Volume Index, indicating challenges in the market. Private fleets are moving freight typically handled by for-hire companies. The Capacity Index also dropped, signaling difficulties for for-hire fleets amid low rates and rising costs. While private fleet capacity growth is slowing, it's important to note the complex factors at play. Overall, the trucking market is evolving, with both for-hire and private fleets navigating changing conditions. https://hubs.li/Q02yZGF40 #TruckingNews #PrivateFleets #ForHireTrucking

Private fleets siphoning volume from for-hire trucking market, ACT reports - TheTrucker.com

Private fleets siphoning volume from for-hire trucking market, ACT reports - TheTrucker.com

To view or add a comment, sign in

Explore topics