ACT1

In the insightful quarterly issue of ACT1 member BMO U.S. BMO Financial Group's 𝘐𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘜𝘱𝘥𝘢𝘵𝘦: 𝘛𝘳𝘶𝘤𝘬 𝘛𝘳𝘢𝘯𝘴𝘱𝘰𝘳𝘵𝘢𝘵𝘪𝘰𝘯, BMO researchers summarize:

"For-hire carriers continue to grapple with the dual challenges of excess capacity and a sideways freight environment. The over-capacity condition continues to move in a healthy direction, with private fleet expansion long in the tooth and the weakest for-hire carriers continuing to leave the market. That said, the rebalancing process has been drawn out longer than prior cycles. Multi-year low freight rates and elevated operating expenses have been partially offset by the cushion of excess profits generated during the post-COVID freight boom and benign fuel prices over the past year. While Darwin continues to work on the capacity issue, a durable improvement in the macro landscape, the freight cycle, and eventually carrier profits will hinge on the pace of the well-telegraphed Fed easing cycle. In that regard, BMO economists have recently raised their forecast for the remainder of this year to cuts totaling 75 basis points and another 50 during the 1st quarter before easing into a cadence of 25 per quarter for a total of 200 bps by the end of 2025."

Read more: https://zurl.co/O0tq

Our September 𝗧𝗥𝗨𝗖𝗞𝗜𝗡𝗚 𝗧𝗥𝗔𝗜𝗟𝗕𝗟𝗔𝗭𝗘𝗥 is ACT1 Member U.S. Legal Services and Business Development & Marketing Executive Anne-Marie Forbes Lynn. Anne-Marie is instrumental in steering U.S. Legal Services' growth and solidifying its position as a leading provider of legal benefit plans. She has expanded their client base through the successful pe*******on of new markets, and she’s increased customer retention through tailored legal solutions.

U.S. Legal Services makes legal representation more affordable and accessible by offering 📌 the 𝗠𝗼𝘀𝘁 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗹𝗲𝗴𝗮𝗹 𝗽𝗹𝗮𝗻𝘀 in the industry, 📌 a 𝗠𝗮𝗻𝗮𝗴𝗲𝗱 𝗯𝗲𝗻𝗲𝗳𝗶𝘁, not a referral service, and 📌 a 𝗙𝗹𝗲𝘅𝗶𝗯𝗹𝗲 𝗱𝗲𝗱𝘂𝗰𝘁𝗶𝗯𝗹𝗲 𝗺𝗼𝗱𝗲𝗹.

Read our full post on LinkedIn: https://zurl.co/R41H

Celebrate the truck drivers in your life!

ACT1 is a proud premier sponsor of American Trucking Associations’s annual 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗧𝗿𝘂𝗰𝗸 𝗗𝗿𝗶𝘃𝗲𝗿 𝗔𝗽𝗽𝗿𝗲𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗪𝗲𝗲𝗸. Join us September 15-21 as we celebrate the 3.6 million professional truck drivers coast to coast.

The trucking industry is responsible for the safe delivery of ✔ 71.4% of the country’s total freight tonnage and more than ✔ 80% of U.S. communities rely exclusively on truck drivers to deliver their goods and commodities.

Learn how to support the trucking community: https://lnkd.in/esaZgsA

Our August 𝗧𝗥𝗨𝗖𝗞𝗜𝗡𝗚 𝗧𝗥𝗔𝗜𝗟𝗕𝗟𝗔𝗭𝗘𝗥 is ACT1 Member and Sales Director . The Eaton Cummins Joint Venture was formed in 2017 and provides customers with industry-leading transmission technologies and solutions that deliver best-in-class fuel efficiency, performance, and uptime while leveraging both Cummins’ and Eaton’s global service and support networks. Eaton Cummins Automated Transmission Technologies leverages the technical strengths and experience of two industry leaders with long histories and deep industry expertise to ✅ 𝗱𝗲𝘀𝗶𝗴𝗻, ✅ 𝗮𝘀𝘀𝗲𝗺𝗯𝗹𝗲, ✅ 𝘀𝗲𝗹𝗹, and ✅ 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 the trucking industry with premium products and services.

Read our full post on LinkedIn: https://www.linkedin.com/feed/update/urn:li:activity:7234202379791794176

ACT1 on LinkedIn: #truckingindustry #trucking #fuelefficiency #transmissiontech… Our August 𝗧𝗥𝗨𝗖𝗞𝗜𝗡𝗚 𝗧𝗥𝗔𝗜𝗟𝗕𝗟𝗔𝗭𝗘𝗥 is ACT1 Member Eaton Cummins Automated Transmission Technologies and Sales Director Christopher…