ECONOMIC WATCH: Covid-19 tightens grip on economy, commercial vehicle demand

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COLUMBUS, Ind. – The Covid-19 pandemic has resulted in freefalling GDP assumptions, and by extension freight volumes, carrier profits, and expectations for commercial vehicle demand, ACT Research reported in its North American Commercial Vehicle Outlook. “As we’ve worked to get our heads around the deterioration in economic conditions, we released two preliminary forecast updates between […]

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