Transportation Transparency

An article published by the Wall Street Journal on September 1, 2019, highlighted how the surge in Class 5-8 truck production in 2018 affected freight dynamics in 2019. At that time, the market was flooded with new trucks, leading to a significant drop in freight rates—some as much as 20%. The reason? There were simply more trucks than available freight to haul, which created a buyer’s market for shippers and put pressure on carriers. Since that report came out, the situation has shifted dramatically. By late 2019, demand for trucks began to decline, and ACT Research anticipated further drops in 2020. Then came the pandemic, which brought everything to a standstill. The global shutdowns disrupted supply chains across all sectors, including commercial vehicle manufacturing. From semiconductor shortages to chassis delays, the effects of the March 2020 lockdowns are still being felt today, even into late 2021. Freight rates and volumes are always driven by the balance between supply and demand. The question is: How much freight needs to be moved versus how many trucks are available to move it? The surge in 2018 led to an oversupply of trucks, which contributed to lower rates and a market favoring shippers. But now, the tables have turned. We're seeing a "stronger for longer" trend in freight rates, with carriers gaining more leverage. This shift is due in large part to ongoing supply chain disruptions that are slowing down the production of new Class 8 tractors. Demand is strong—everyone can feel it. Major market indicators show that the industry is ready for growth, but the parts just aren't there. As a result, original equipment manufacturers (OEMs) are sitting on lots full of partially completed vehicles—red-tagged and waiting for components to finish them. This bottleneck is creating a ripple effect throughout the industry. This current situation is a clear example of how supply and demand shape the market, especially when it comes to Class 8 tractors and their influence on both spot and contract rates. Understanding these dynamics is crucial for anyone involved in transportation, logistics, or supply chain management. That’s why ACT's Freight Forecast was developed—to provide real-time visibility and data-driven insights to shippers, carriers, brokers, and logistics professionals. For over 36 years, ACT Research has been tracking data on Classes 5-8 truck production and Classes 3-8 used trucks. This long-term data collection has enabled the creation of comprehensive databases and population models, including mortality curves, to accurately measure the size of the U.S. fleet. By combining new production data with used truck information, ACT Research gains a unique and powerful understanding of the total supply of Class 8 tractors currently on the road—and how that number will change over the next 12 months. Imagine the impact this kind of insight could have on your business planning. Ask yourself: - Is the fleet going to grow next year? - Will it shrink? - How will this affect your contract negotiations? - Should you pass along inflation costs to customers? - What does this mean for your spot rates? With the right tools and data, you can make smarter decisions and stay ahead of market shifts.

GYQ Drilling Rig

GYQ drilling rig is an upgraded and improved product of GXYdrilling rig. It mainly adds the winch detachment
function structure, thereby extending the service life of the hoist. This drilling rig is a vertical transmission rotary drilling
rig with mechanical transmission and hydraulic feed. It can be applied to engineering geological survey, general survey of
solid deposits, grouting of dams and ventilation and drainage of tunnels. Depending on the drilling formation, cemented
carbide, steel grit, and auger types can be used for drilling.

Main Feature:
The structure of this rig has the following features:
1. A more reasonable speed range is selected. There are eight speed levels, centralized speed change, self-locking with
each other, large low-speed torque, and a wide range of use.
2. The drilling rig has two speeds of reversing speed, which is convenient for handling faults safely.
3. The self-centering hydraulic chuck is adopted, which is convenient for clamping and loosening the drill pipe. And has
a hydraulic feed mechanism, strong pressure and lifting capacity.
4. Equipped with sufficient instruments, it is helpful to grasp the situation in the hole, fewer operating handles, more
reasonable layout, flexible and reliable operation.
5. The two-plate normally closed friction clutch is adopted, which is flexible to open and close, and easy to adjust and use.
6. The rig is light in weight, compact in structure, easy to disassemble, and suitable for drilling work in hills or mountains.
7. The hoist has a detachment function. Increased the service life of the hoist.

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JIANGSU XI TEC ENVIRONMENTAL&DRILLING EQUIPMENT COMPANY CO.LTD , https://www.xitecdrilling.com