A Wednesday report from ACT Research showed the trucking cycle may be “approaching [a] turning point.” All five components of ACT’s For-Hire Trucking Index showed improvement from a carrier’s perspective during August, with volumes logging a large turnaround.
ACT’s volume index jumped 12.3 percentage points to 54.4 on a seasonally adjusted basis from July to August.
A reading above 50 indicates growth while one below 50 implies contraction. The report was quick to caution that the measure is one...
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