Two recently released indices show that June continued the trucking market’s climb from its low levels of April.
The ACT For-Hire Trucking Index in June climbed to 70.4, up from 50.2 in May. in April, it was 19.3.
Although the June number was more than three times that of April, that does not mean that volumes are three times that of April. Rather, ACT Research sets a base number of 50 and changes in the data are then expressed as an index, with 50 viewed as neutral to flat. For example, the capacity index for June was “steady” at 50, ACT said.