Business Management Business optimism returning in Canada February 25, 2021 Business sentiment is improving and the prospects for trucking are positive, according to new economic reports from The Conference Board of Canada and BMO. “Freight demand is up, with understandable…
Business Management Truck tonnage gets 1.4% bump in January February 23, 2021 U.S. for-hire truck tonnage rose 1.4% in January, according to the latest data from the American Trucking Associations (ATA). “Over the last four months, the tonnage index has increased a…
Equipment Trailer order strength carries over to 2021 February 11, 2021 Net trailer orders for January were up 94% year-over-year at 29,100 units, according to preliminary data from ACT Research. They were down 33% from December 2020 bookings. “The year-over-year gain,…
Business Management Canadian spot market volumes end wild year on a down note January 26, 2021 Overall Canadian spot market load volumes on Loadlink were down just 4% in a volatile 2020, while December load volumes dropped 8% from November. Loadlink Technologies said further Covid-related shutdowns…
Business Management Truck tonnage spikes in December, but down overall on the year January 19, 2021 For-hire truck tonnage was down 3.3% in 2020, but ended the year on a high note with a 7.4% jump in December, according to the American Trucking Associations For-Hire Truck…
Business Management Continued capacity tightness, higher rates expected in ’21 January 14, 2021 It’s a tale of two economies in 2021. The good news for trucking is that the goods economy will outpace the overall economy, and with no quick end to capacity…
Business Management 5 reasons why 2021 will be better December 31, 2020 Congratulations. You’ve made it through one of the most unpredictable, volatile, chaotic years in the history of trucking. Or as some economists like to refer to it, a “dynamic” year.
Business Management Canadian spot market sets record for monthly load increases December 18, 2020 TORONTO, Ont. – Canada’s spot market freight volumes continued to climb in November led by Western Canada and inbound cross-border freight activity, Loadlink Technologies reports. November marked the seventh straight…
Equipment Commercial vehicle outlook strong heading into 2021: ACT Research December 17, 2020 COLUMBUS, Ind. – Commercial vehicle demand will remain strong heading into 2021, according to ACT Research, which cited the arrival of a vaccine, the likelihood of stimulus spending, and healthy…
Business Management Increased freight, tight capacity to provide trucking tailwinds in 2021 December 14, 2020 BLOOMINGTON, Ind. – Freight growth exceeded expectations in the third quarter, and the picture for 2021 is improving, according to industry forecasters from FTR. Providing a 2021 market outlook last…
Business Management ECONOMIC WATCH: Truck tonnage slides in October November 24, 2020 ARLINGTON, Va. – U.S. for-hire truck tonnage dropped 6.3% in October, according to the American Trucking Associations (ATA), and was down 8.7% year-over-year. The sharp drop came after a 5.7%…
Business Management ECONOMIC WATCH: Canadian spot market load volumes increase for sixth consecutive month November 18, 2020 TORONTO, Ont. – Loadlink Technologies has reported overall spot market load volumes increased 2% in October, with load postings up 18% year-over-year. Freight volumes were similar to pre-pandemic levels recorded…
Business Management ECONOMIC WATCH: Consumer spending causing ‘unprecedented’ rate increases November 16, 2020 COLUMBUS, Ind. – ACT Research has reported favorable rates and volumes for carriers, as consumers turn their attention to spending on goods rather than services. “The substitution of spending to…
Equipment ECONOMIC WATCH: Class 8 orders surge on renewed fleet optimism November 4, 2020 BLOOMINGTON, Ind. – Class 8 orders surged to 40,100 units in October, marking the first month over 40,000 since October 2018. Preliminary data from FTR showed orders up 26% from…
Business Management ECONOMIC WATCH: Trucking’s recovery surprising October 28, 2020 COLUMBUS, Ind. – Trucking companies are enjoying volume growth and pricing power that ACT Research says would’ve been considered “nearly impossible to achieve” from an April vantage point. In its…
