The latest release of ACT’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 45.2 on a seasonally-adjusted basis. “Volume softened in November, after a strong October reading,” said Tim Denoyer, […]
The post For-Hire Trucking Volume and Supply-Demand Balance Both Below Neutral in November appeared first on Fleet News Daily.
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