For over a year now, one of the main trends we've been emphasizing is the shift of freight from the for-hire market to private fleets—a trend that has arguably prolonged the current soft freight cycle despite the broader economy outperforming expectations. However, this trend appears to be nearing its conclusion, according to the latest edition of the *Freight Forecast: Rate and Volume OUTLOOK* report.
Tim Denoyer, ACT Research's Vice President and Senior Analyst, noted that reduced equipment availability, especially among private fleets, might be a critical factor driving a market turnaround by 2025. Additionally, an upcoming FMCSA regulation set for next month could result in the downgrading of tens of thousands of CDL holders in states where enforcement of the FMCSA’s Drug & Alcohol Clearinghouse hasn't previously been mandatory. While quantifying the exact impact remains challenging, Denoyer believes that when this happens on November 18, it could enhance road safety and push truckload rates upward.
The DAT load/truck ratio, which doesn’t follow a simple scale of 1 to 10, has seen dramatic peaks in the past, reaching the mid-teens in 2017 and 2018 and even the high teens in 2021, surpassing 20 at its peak. As of early October, our seasonally adjusted DAT load/truck ratio climbed above 7, indicating that spot rates might see a modest uptick soon.
Denoyer emphasized, however, that the equipment capacity adjustments necessary to boost rates in 2025 are still pending.
---
The monthly 58-page ACT freight forecast offers comprehensive analysis and predictions for various U.S. freight metrics, such as the Cass Freight Index, Cass Truckload Linehaul Index, and DAT spot and contract rates by trailer type. This service delivers monthly, quarterly, and annual projections for the TL, LTL, and intermodal markets over a two- to three-year span, covering capacity, volumes, and rates. The *Freight Forecast* stands out for its unparalleled detail on freight rate trends, aiding supply chain stakeholders in planning with increased clarity and reduced uncertainty.
---
ACT Research is widely regarded as the top source for commercial vehicle truck, trailer, and bus industry data, market analysis, and forecasts for North America and China. Its analytical reports are relied upon by major North American truck and trailer manufacturers, their suppliers, banks, and investment firms. ACT Research contributes to the Blue Chip Economic Indicators and is part of the Wall Street Journal Economic Forecast Panel. Its executives have earned numerous honors, including being elected to the Board of Directors of the National Association for Business Economics, appointed as Consulting Economist to the National Private Truck Council, and receiving the Lawrence R. Klein Award for the most accurate economic forecast over a four-year period. Several ACT Research senior staff have also been recognized with awards like the Chicago Federal Reserve Automotive Outlook Symposium’s Best Overall Forecast and the Wall Street Journal’s Top Economic Outlook. For further details, visit www.actresearch.net.
Powder Coating Baso4,Blanc Fix,Painting Ink Baso4,Plastic Precipitated Barium Sulfate
Yantai Yuanli Corp Ltd , https://www.yuanlicorpcn.com