‘Rate increases are nearly a given,’ says bullish Mullen Group CEO

“You can’t put more freight on our dock,” Murray Mullen, CEO of Mullen Group told analysts this week on a call to discuss second quarter earnings. He was calling in…

Canada’s spot market volumes steady in June, closing strong Q2

Canadian spot market load volumes were steady in June, with a small increase in cross-border loads offset by less freight activity in Western Canada. Loadlink Technologies reported total loads were…

Trucking market leveling off at high level: ACT

ACT Research says in its Transportation Digest that the trucking industry is stabilizing at high levels, and despite slowing growth won’t fall off a cliff. “Indicators we track for the…

Truck tonnage slips due to lack of capacity

U.S. for-hire truck tonnage slipped 1.5% in June, according to the latest data from the American Trucking Associations (ATA). “Tonnage has definitely flattened out, on average, over the last six…

U.S. economy, freight markets have room to run: ACT

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…

Shippers’ conditions bounced in April from record lows

U.S. shippers saw conditions improve in April from the worst conditions on record, according to FTR’s Shippers Conditions Index (SCI). The April reading of -11.9 was still heavily into negative…

Canada’s spot market freight levels remain strong

Canada’s spot market showed continued strength in May, a month that included the strongest single-day load volumes since April 2018. Loadlink Technologies reported stabilized domestic loads in May, while cross-border…

Fleets challenged to take advantage of ‘perfect storm’: ACT

Industry analyst ACT Research says while the economy, freight, and trucking indicators are all at or near record highs, there are challenges percolating beneath the surface. “Our heavy-duty forecast continues…

Canadian spot market load volumes remained healthy in April

Canadian spot market load volumes on the Loadlink platform decreased 14% in April, or 5% when considering the number of business days between March and April. That reflects normal seasonal…

Trucking rates have never been better: ACT Research

ACT Research’s For-Hire Trucking Index pointed to the strongest rates in April since it began tracking the data, despite some easing of freight volumes. The supply-demand balance remained tight, ACT…

Shippers experiencing toughest conditions on record: FTR

Conditions for U.S. shippers are the worst they’ve been since FTR began tracking them via its Shippers Conditions Index. A record-low reading of -17.8 reflects deteriorating conditions in all metrics…

U.S. truck tonnage shrinks in April, but outlook is strong

U.S. for-hire truck tonnage decreased 0.3% in April, according to the latest data from the American Trucking Associations (ATA). However, tonnage was up 6.9% year-over-year, reflecting the early softening of…

Carriers enjoying ‘strongest freight market ever’: ACT Research

Carriers are enjoying the strongest freight market ever, and there’s no quick solution to the supply chain issues that are keeping them from adding to their fleets. That’s the assessment…

U.S. economy back on track, but labor market, inflation are concerns

The U.S. economy will grow at about 9.3% this quarter, then growth will decelerate but still post a strong 6.3% GDP gain on the full year. That’s the most recent…

Canada’s spot market load volumes neared three-year high in March

Canadian spot market load volumes neared a three-year high in March, reaching levels not seen since June 2018 and completing a quarter that bettered Q4 and Q1 of 2020. Loadlink…