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ACT Research: Class 8 Truck Supply Still Outrunning Demand

February 17, 2016 By: Trucking News Staff Tags: Fleet Management, News
ACT Research: Class 8 Truck Supply Still Outrunning Demand

The supply of Class 8 tractors continues to rise faster than the demand for trucks, according to the most recent ACT For-Hire Trucking Index from ACT Research Co., of Columbus, Ind.

“The capacity index [supply] rose faster than the freight index [demand] for the fifth consecutive month and the 11th time in the past 13 months in January,” said Steve Tam, ACT’s vice president of the commercial vehicle sector.

“While this measure had been getting better (less unfavorable) in previous months, a clear fall-off in freight caused the index to deteriorate further in January,” Tam said. Fleets in ACT’s survey noted that the East Coast blizzard in January had a deleterious effect on freight volumes.