Business Management Good run for U.S. truck tonnage stalls in April May 24, 2022 U.S. for-hire truck tonnage fell 2% in April, putting the brakes on a streak of eight straight monthly gains, the American Trucking Associations (ATA) reports. The drop came on the…
Business Management Shipper conditions plunge to record lows: FTR May 24, 2022 Shipper conditions tracked by FTR fell to their weakest point on record in March, with its Shippers Conditions Index plunging to a reading of -23.1. That follows a previous record…
Business Management Canada’s spot market cools, but remains stronger than in past years May 20, 2022 Canadian spot market load volumes declined in April, but remained above previous years’ levels, Loadlink Technologies reports. Load volumes fell 34% from March’s record levels, but were up 71% year…
Business Management Omicron slowing rebalancing of truck capacity: ACT January 27, 2022 The trucking capacity rebalancing that was taking place in the U.S. has been interrupted with the spread of the Omicron Covid variant, according to ACT Research’s For-Hire Trucking Index in…
Business Management Canada’s spot market sees record loads posted in December January 25, 2022 Canada’s spot market closed 2021 on a record high note, with load volumes soaring 120% year over year and up 20% from a record November, according to Loadlink Technologies. “Loads…
Business Management More loads, fewer trucks available in Canada’s spot market in October November 17, 2021 It was the best October on record for Canadian spot market truckload volumes, according to the latest data from Loadlink Technologies. Loadlink reported an increase in load availability for a…
Business Management Shippers see slight relief in August, but more challenges ahead October 21, 2021 Conditions for U.S. shippers are gradually improving but remain challenging, according to the August FTR Shippers Conditions Index. The negative reading of -6.8 improved from July’s -8.1 levels, due to…
Business Management Record-setting September for Canada’s spot market October 20, 2021 It was a record-setting September for load and truck volumes on Canada’s spot market, according to Loadlink Technologies. Outbound cross-border freight continued to be strong while domestic loads gained momentum…
Business Management Purolator expanding fleet to handle record volumes October 14, 2021 Purolator is ramping up for what it expects to be a record holiday shipping season, hiring 2,400 new employees across Canada and increasing its fleet size by 15%. It also…
Supply Chain Shippers are facing a capacity crisis. The good news is, the solutions are right there in front of us. October 5, 2021 This is a good news/bad news story. Let’s start with the bad. Chances are good that you’re having a hard time keeping your customers satisfied this year. Business is brisk,…
Business Management Trucking conditions remain strong as drivers gradually return September 22, 2021 FTR’s Trucking Conditions Index (TCI), which measures the health of the trucking industry, remained elevated in July but eased from prior months. The 10.78 reading was below June’s 12.61 rating,…
Business Management How trucking can add capacity without adding trucks or drivers September 15, 2021 How does a capacity-constrained trucking industry add capacity and productivity without access to new drivers, and even trucks? That was the question put forth by FTR during its most recent…
Business Management ‘Recipe right for record rate increases’: ACT Research August 20, 2021 ACT Research’s For-Hire Trucking Index in July showed an uptick in freight volumes with pricing moderate, but a strong supply-demand balance for truckers. “As volume growth reaccelerated, ACT’s For-Hire Pricing…
Business Management U.S. economy, freight markets have room to run: ACT July 14, 2021 There is considerable steam left in the boiler that will continue to propel the economy broadly, and freight markets specifically. That’s the message industry forecaster ACT Research gave in its…
Business Management Truckers, OEMs struggling to keep pace with demand: FTR July 8, 2021 Freight demand is outpacing the trucking industry’s ability to attract drivers and acquire new equipment, which bodes well for rates going forward. Industry forecaster FTR gave a market update July…