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Depressed freight sector rebalances in May as it nears a turning point

Freight statistics slow their decline as they prepare to switch from negative to positive trendlines, ACT Research says

Trucking conditions still loose, but rebalancing is underway

ACT Research reported freight volumes, rates and capacity continued to decline in April, but the supply-demand rebalancing has begun. Also: Florida HHG mover pleads guilty to scheme charges; autonomous firm Kodiak adds new VP of Safety.

Nearly 800 trucks sidelined during unannounced inspection blitz

CVSA s annual unannounced Brake Safety Day, this year held April 19, saw 773 trucks placed out of service. Also: ACT reports that, while rates are still in favor of shippers, a rebalancing is underway; latest Highway Angel.

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