Class 8 supply rose faster than demand in July: ACT Research
COLUMBUS, Ind. – The supply for Class 8 trucks rose faster than demand for the fifth time this year, according to the For-Hire Trucking Index published by ACT Research.
Kenny Vieth, ACT’s president and senior analyst, noted that the balance between supply and demand is still under attack from the widespread macro-inventory overhang.
“Apparently the results of May and June showing demand rising faster than supply were a temporary anomaly and not the beginning of a trend,” Vieth said.
For more information on ACT, please visit www.actresearch.net.
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