ECONOMIC TRUCKING TRENDS: Balance, even signs of growth, return to for-hire market

The latest data shows stability, even signs of growth, returning to the for-hire trucking segment. Canada’s spot market was flat in November, but the truck-to-load ratio improved for carriers. ACT…

ECONOMIC TRUCKING TRENDS: Trailer orders concerning, but spot market turning for the better

The trailer order season started weak, “well below expectations,” according to one industry forecaster, causing concerns about the remainder of 2024 and into next year. There’s mounting evidence that cash-strapped…

Trucking Announcements: Purolator donates to charity, Russell joins MEMA’s sustainability center

Each week, TruckNews.com lists notable moves, promotions and awards in the trucking industry. This week, Doug Walton joined AMTA as a senior advisor and Ashley O’Brien has been promoted to the operations…

Economic Trucking Trends: Signs of freight market stabilization emerge in January

With data in from the first month of the year, it appears signs of market stabilization are emerging. The boost in spot market freight volumes and rates is largely attributable…

Economic Trucking Trends: Spot market rates, freight fundamentals improving

We begin 2024 with mostly good news. While December marked a softening of Canadian spot market freight volumes, in the U.S. spot market rates are rising and closing the gap…

Economic Trucking Trends: Spot market improved in November, but remains ‘flush’ with capacity

Good news this week from Loadlink Technologies, which has noted a continuing improvement in Canadian spot market load postings and a corresponding tightening of capacity. Motive tracks truck visits to…

Loadlink partners with MiKargo247 to offer insurance on spot market loads

Loadlink Technologies and MiKargo247 have partnered to offer customers one-way spot cargo freight insurance in the U.S. and Canada. Loadlink members can…

Economic Trucking Trends: More capacity in Canada’s spot market, U.S. rates continue to gain

Trucking companies that haul automotive parts or finished vehicles may soon feel the pinch as there appears to be no quick end in sight to a strike by UAW workers…

Economic Trucking Trends: Flatdeckers weigh on spot market rates, private fleets adding trucks

It appears the summer doldrums are in full effect. The spot market remains sluggish, with flatdeckers feeling the most pain in recent weeks. Trailer orders ticked upward slightly in July,…

Economic Trucking Trends: U.S. debt ceiling default aside, trucking has its own worries

As U.S. lawmakers scrambled to reach an eleventh hour deal to resolve the debt ceiling crisis – a failure to do so potentially causing broad economic repercussions – the trucking…

Mixed bag for Canada’s spot market in March

Canada’s spot market softened again in March, with load volumes down 6% from February levels and 53% year over year. Meanwhile, truck postings surged 29% from February, with 2.51 trucks…

Canadian spot market softer in February

Load volumes in Canada’s spot market softened slightly in February, according to the latest data from Loadlink Technologies. The company chalked the decline to fewer business days in February. So…

Canada’s spot market closes 2022 with consecutive monthly gains

Canada’s spot market ended 2022 with two consecutive months of growth, capping the year with a 7% jump in December load volumes. Load availability was down 31% year over year,…

Canada’s spot market flat in October

Canadian spot market load volumes saw mild gains in October, according to Loadlink Technologies, growing 1% from September but down 19% year over year. Capacity was flat, with 3.64 trucks…

Today’s spot market includes unique dynamics

For a long time “spot” was the dirtiest four-letter word in freight. Loads went to load boards and brokers after every carrier in the shipper’s routing guide had given them…