The supply of Class 8 trucks rose faster than demand for the fifth time this year, according to the most recent ACT For-Hire Trucking Index from ACT Research Co., LLC (ACT).

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.

ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community in North America, Europe and China.