ECONOMIC WATCH: Canadian spot market freight volumes soften slightly in early October

TORONTO, Ont. – Canadian spot market load volumes were down slightly in early October, according to Loadlink Technologies, but the overall outlook remains positive. A strong end to September and…

ECONOMIC WATCH: Truck tonnage rebounds in September

ARLINGTON, Va. – U.S. for-hire truck tonnage jumped 6.7% in September, but was down 2.7% year-over-year, according to the latest data from the American Trucking Associations (ATA). September’s increase came…

ECONOMIC WATCH: U.S. truck tonnage dives in August

ARLINGTON, Va. – U.S. for-hire truck tonnage plunged 5.6% in August, following a revised 1.4% decrease in July. “The August softness suggests that freight is very uneven in the trucking…

ECONOMIC WATCH: Trucking benefiting from K-shaped recovery

COLUMBUS, Ind. – It’s a K-shaped economic recovery, according to ACT Research, but fortunately trucking is on the upper half of the K. “What this means is that a large…

Indicators point to strengthening trucking market

WASHINGTON, D.C. – Covid-19 brought on the worst recession in U.S. history, but the recovery is underway and economic conditions should return to pre-Covid levels by late next year. Jim…

‘Old school’ disruption shakes trucking industry

BLOOMINGTON, Ind. – Society and industry have come to think of disruption as a positive change associated with innovation, but what the trucking industry is experiencing now is “old school”…

ECONOMIC WATCH: Trucking conditions remained favorable in July

BLOOMINGTON, Ind. – U.S. trucking conditions remained positive through July, as the economic recovery continued and carriers enjoyed strengthening freight rates. FTR’s Trucking Conditions Index read 2.84 in July, down…

Three trends driving final mile delivery

Mastering the final mile requires technological sophistication, drivers who double as brand ambassadors, and equipment versatility. Consumer expectations for the timely delivery of goods have never been higher and they…

ECONOMIC WATCH: Canada’s spot market volumes continue to rise

TORONTO, Ont. – There were more spot market loads available in Canada in July than June for the first time in Loadlink history, the company reports. Freight demand during a…

ACT Research seminar explores equipment demand, Covid impact and economic recovery

COLUMBUS, Ind. – The Covid-19 pandemic may accelerate medium-duty truck penetration, while slowing electric vehicle adoption. Those were a couple observations shared at ACT Research’s recent three-day virtual seminar. “Whether…

ECONOMIC WATCH: Truck tonnage dips in July

ARLINGTON, Va. – U.S. for-hire truck tonnage dropped 5.1% in July, after a 8.9% surge in June, according to the latest data from the American Trucking Associations (ATA). “After a…

Predicting the Unpredictable: Attempting to plot out the economic recovery

BLOOMINGTON, Ind. – The sudden, devastating economic collapse caused by the Covid-19 pandemic was so unprecedented, that even seasoned economists admit it’s difficult to predict what the recovery will look…

ECONOMIC WATCH: Trucking conditions roared back in June

BLOOMINGTON, Ind. – FTR’s Trucking Conditions Index swung from a record low reading of -28.66 in April, to its strongest reading in a decade in June at 11.35. But the…

Titanium posts strong second quarter as freight volumes rebound

BOLTON, Ont. – Titanium Transportation grew its profit by $400,000 in the second quarter year-over-year, after weathering the storm brought on by Covid-19. Its net income was $900,000 for the…

Canada’s economy recovering, but still well below pre-pandemic levels

TORONTO, Ont. – Canada’s real GDP rebounded by 4.5% in May, following two months of unprecedented declines, according to the latest data from Statistics Canada released July 31. (Source: StatsCan)…