Truck News


Keyword
rates


  • Canadian spot market ends 2019 on high note

    January 14, 2020 7:47AM by Truck News

    TORONTO, Ont. – Canada’s spot market ended 2019 with a strong fourth quarter, with load volumes increasing and truck volumes on the decline, according to the latest data from TransCore Link Logistics. Fourth quarter load volumes were up 7% compared

  • Canada’s spot market strengthened in November

    December 18, 2019 9:16AM by Truck News

    TORONTO, Ont. – Loads were up and truck availability was down on Canada’s spot market in November, according to data from TransCore Link Logistics. The company says loads got a lift from the holiday shopping season, and that the Toronto

  • Rates remain under pressure: ACT

    November 12, 2019 7:30AM by Truck News

    COLUMBUS, Ind. – ACT Research reports contract truckload rates fell to US$2.28 per mile in the third quarter, down 2% year-over-year. In its ACT Freight Forecast, U.S. Rate and Volume Outlook, the industry forecaster suggested further declines are in store.

  • Freight volumes, Driver Inc., ELDs, key themes at STS

    October 17, 2019 10:39AM by James Menzies

    MISSISSAUGA, Ont. – Carriers are seeing a reduction in freight volumes, but are still experiencing a good year. That was a theme that emerged from discussions at the Surface Transportation Summit Oct. 16. Norm Sneyd, vice-president of business development with

  • Trucking environment ‘mediocre’ for carriers: FTR

    October 11, 2019 11:20AM by Truck News

    BLOOMINGTON, Ind. – The environment for carriers was “mediocre” in August, according to FTR’s latest Trucking Conditions Index (TCI). Active truck utilization edged down to 87.4%, and is expected to remain below the 10-year average of 91% through 2020, FTR

  • The new normal: Slow, steady growth

    September 11, 2019 11:48AM by James Menzies

    INDIANAPOLIS, Ind. – There’s little sign a recession is imminent, but economic growth will continue to be slow and steady. That was the projection from Jack Kleinhenz, chief economist with Kleinhenz & Associates, who gave an economic update at the

  • Shipper conditions improved in June

    August 22, 2019 4:25PM by Truck News

    BLOOMINGTON, Ind. – Conditions for U.S. shippers improved in June, with a 8.8 reading on the FTR Shippers Conditions Index, up two points from May. That marked the strongest month for shipper conditions since February 2016, FTR reports. Freight-related indicators

  • Canadian spot market sees more trucks per load in July

    August 16, 2019 7:25AM by Truck News

    TORONTO, Ont. – Loads were down, trucks were up in the spot market in July, according to the latest data from TransCore Link Logistics. There was a 9% decline in loads compared to June, with 15% more truck capacity chasing

  • Spot market load volumes, equipment postings both decline

    July 31, 2019 8:08AM by Truck News

    TORONTO, Ont. – In a month that normally marks an increase in volumes, Canadian spot market load volumes declined 7% in June. June volumes were down 39% year-over-year. However, an even greater decline in truck postings caused truckload capacity to

  • Loadings growth slowing, rates on the decline: FTR

    June 13, 2019 12:30PM by James Menzies

    BLOOMINGTON, Ind. – Trucking rates are expected to decrease about 7% this year, primarily driven by the spot market, with contract rates flat to down 1%. That’s the projection from industry forecaster FTR, which held a State of Freight webinar

  • Conditions for shippers continue to improve

    May 23, 2019 2:24PM by Truck News

    BLOOMINGTON, Ind. – Conditions for U.S. shippers improved in March, reflecting a continued easing of truckload and intermodal rates, according to FTR. The industry forecaster says the outlook is for improved conditions for shippers throughout 2019. “Shippers are benefiting from

  • Record number of trucks in Canada’s spot market

    May 13, 2019 11:22AM by Truck News

    TORONTO, Ont. – There were more trucks chasing loads in Canada’s spot market in April than an any other month in history, according to TransCore Link Logistics. Meanwhile, load postings took an expected turn down compared to March, but the

  • Trucking conditions continue to weaken

    April 22, 2019 7:51AM by Truck News

    BLOOMINGTON, Ind. – U.S. trucking conditions sled to near neutral territory in February, according to the latest FTR Trucking Conditions Index (TCI). February marked the lowest reading since August 2017. FTR reports the decline is due to weaker freight volumes

  • Shippers Conditions Index reflects balanced freight market

    March 27, 2019 1:02PM by Truck News

    BLOOMINGTON, Ind. – The January Shippers Conditions Index (SCI) reflected a balanced freight market, FTR reported. The 1.4 reading was slightly lower than December’s 1.8, but remained in positive territory for shippers. FTR forecasts the index to remain close to

  • Rate recession likely: ACT Research

    March 14, 2019 9:19AM by Truck News

    COLUMBUS, Ind. – A freight recession is likely, and a rate recession even more likely, according to the latest North American Commercial Vehicle Outlook published by ACT Research. The truck supply and freight demand are falling out of balance, according