Though freight demand is not exactly strong yet, trucking's capacity has certainly shrunk. This year, fleets can finally expect pricing strength through a capacity-induced upturn.
In this interview, Tim Denoyer, VP and senior analyst at ACT Research, breaks down the firm's view of the variables in this market: In the near future, fleets can expect "slight growth in freight demand, some contraction on the supply side."
Editor Jeremy Wolfe joined the FleetOwner team in February 2024. He graduated from the University of Wisconsin-Stevens Point with majors in English and Philosophy. He previously served as Editor for Endeavor Business Media's Water Group publications.
