Truck News


Keyword
rates


  • 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

  • The struggle is real

    September 12, 2018 3:22PM by James Menzies

    Shippers struggling as rates increase, capacity decreases

  • Conditions for shippers moderating: FTR

    August 24, 2018 1:11PM by Truck News

    BLOOMINGTON, Ind. – Conditions for U.S. shippers moderated in June, but still presented a challenging environment. The FTR Shippers Conditions Index (SCI) read -9.5 in June, a nearly three-point improvement from the previous month, indicating the worst may be over

  • Trucking conditions to remain strong for next year: FTR

    August 20, 2018 1:15PM by Truck News

    BLOOMINGTON, Ind. – Trucking capacity remains extremely tight, according to the latest FTR Trucking Conditions Index, which remained unchanged from May in June. Conditions for truckers are at their most favorable, the index suggests, with the capacity crunch at its

  • Shippers shouldn’t expect relief this year: FTR

    July 27, 2018 12:28PM by Truck News

    BLOOMINGTON, Ind. – The FTR Shippers Conditions Index (SCI) remained in negative territory in May, with a -12.3 reading. That comes on the heels of April’s all-time-low reading of -13.4, reflecting the worse conditions for shippers ever seen by FTR.

  • Canadian shipping costs rose in May: CGFI

    July 26, 2018 8:00AM by Truck News

    TORONTO, Ont. – The cost of ground transportation for Canadian shippers increased 0.5% in May, according to the latest Canadian General Freight Index (CGFI) from Nulogx. The base rate was up 1.2% compared to April, with fuel surcharges accounting for

  • Trucking industry at full utilization: FTR

    July 19, 2018 1:20PM by Truck News

    BLOOMINGTON, Ind. – Truckers remained at full capacity in May, according to the latest FTR Trucking Conditions Index. An index reading of 11.4 reflected full capacity utilization, and FTR projects trucking conditions to improve further as the freight season enters

  • Shippers seeing no relief to capacity, pricing pressures

    July 4, 2018 4:16PM by Truck News

    BLOOMINGTON, Ind. – U.S. shippers did not see any capacity or rate relief in April, according to the latest FTR Shippers Conditions Index, which reached a new low with a -13.4 reading. But FTR says conditions for shippers may have

  • Kriska gives drivers second raise this year

    June 28, 2018 12:43PM by Truck News

    PRESCOTT, Ont. – Kriska has announced it’s increasing pay rates for the second time this year. The company says the combined raises represent the biggest annual pay increase in the company’s history. “Kriska has an excellent safety record,” says Kriska

  • Transportation costs continue to rise

    June 28, 2018 12:34PM by Truck News

    TORONTO, Ont. – The cost of ground transportation for Canadian shippers rose for the sixth straight month in April, according to the latest Canadian General Freight Index. Costs rose 1.3% in April compared to March. The base rate rose 1.7%,

  • Tight labor market keeping carriers from fully cashing in on high rate environment

    June 20, 2018 11:52AM by Truck News

    BLOOMINGTON, Ind. – Trucking conditions for carriers remained strong in April, with the FTR Trucking Conditions Index reflecting strong freight demand and continued tightness in capacity. The index read 11.5, meaning carriers can expect favorable conditions to improve into Q3

  • Canadian transport costs rise

    May 31, 2018 9:28AM by Truck News

    TORONTO, Ont. – The total cost of ground transportation for Canadian shippers rose 1.9% in March, according to the latest Canadian General Freight Index (CGFI). The base rate was up 2.1%, while average fuel surcharges decreased to 16.55% of the

  • Shippers still coping with tight capacity, rising rates

    May 24, 2018 2:21PM by Truck News

    BLOOMINGTON, Ind. – U.S. shippers are continuing to struggle in a tight market, according to the latest FTR Shippers Conditions Index. The index remained in double-digit negative territory at -10.5 in March, FTR reported, reflecting a tough operating environment. Conditions

  • Hot flatbed segment leading the market

    May 10, 2018 11:52AM by James Menzies

    The flatbed sector is leading the way for a surging U.S. trucking industry. That was the assessment of FTR, which addressed the implications of a tight trucking market in its most recent State of Freight webinar May 10. “Flatbed is