Truck News


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rates


  • 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

  • Cost of ground transportation decreasing

    February 1, 2019 12:14PM by Truck News

    TORONTO, Ont. – The total cost of ground transportation for Canadian shippers decreased 1.54% in November, compared to the Canadian General Freight Index. Base rates were down 1.4% and average fuel surcharges decreased, accounting for 17.67% of the base rate

  • Conditions improving for shippers: FTR

    January 25, 2019 10:41AM by Truck News

    BLOOMINGTON, Ind. – Conditions for shippers continued to improve in November, with softening rates and lower fuel prices. November marked the first positive reading to the FTR Shippers Condition Index in more than two years, and the best since August

  • Canadian spot market load volumes set record in 2018

    January 16, 2019 6:57AM by Truck News

    TORONTO, Ont. – It was a record year for Canadian spot market load volumes in 2018, but the capacity crunch appears to be easing. TransCore Link Logistics reported the fourth quarter ended with the lowest load volumes on the year,

  • ACT Research: Yellow lights are flashing

    January 14, 2019 7:35AM by Truck News

    COLUMBUS, Ind. – ACT Research has reported yellow lights are flashing for the U.S. economy, and by extension, for the North American commercial vehicle industry. “Over the course of Q4 2018, the list of indicators flashing yellow became longer and

  • Worst may be over for shippers: FTR

    December 18, 2018 12:31PM by Truck News

    BLOOMINGTON, Ind. – Conditions for U.S. shippers eased in October, suggesting the worst may be over for them. The FTR Shippers Conditions Index rose to a reading of -2.1 in October, reflecting the best environment for shippers in more than

  • Brace for rougher 2019: Mark Seymour

    November 14, 2018 3:08PM by James Menzies

    BRAMPTON, Ont. — “Fasten your seatbelts in 2019, we’re going to be in for maybe a little bit of a rough ride.” That was the sobering warning from Mark Seymour today, who was participating in a panel discussion at the

  • Have trucking conditions peaked?

    November 12, 2018 7:31AM by Truck News

    BLOOMINGTON, Ind. – Trucking conditions in the U.S. worsened in September, to their lowest level in a year, according to the FTR Trucking Conditions Index. It’s the first time the index, at 4.58, has fallen to single digits since December

  • Canada’s spot market sees more capacity, less freight

    October 16, 2018 1:38PM by Truck News

    TORONTO, Ont. – Canadian spot market load volumes increased towards the end of September, but third quarter volumes were 29% off unprecedented Q2 numbers. Third quarter load volumes were only 11% lower year-over-year, according to TransCore Link Logistics. The truck-to-load

  • OTA welcomes WSIB rate reductions

    September 26, 2018 12:59PM by Truck News

    TORONTO, Ont. – The Ontario Trucking Association (OTA) is welcoming rate reductions from the Workplace Safety and Insurance Bureau (WSIB). The WSIB announced trucking rate reductions of 30%, from $6.97 to $4.88. The OTA says this move will return $1.45