Economic Trucking Trends: Class 8 orders remain strong, potentially prolonging trucking’s pain

Conditions for truckers continue to be tough, but shippers aren’t throwing any parties, either. Rising fuel prices are hurting both truckers and shippers, with FTR’s Shippers Conditions Index plunging into…

Economic Trucking Trends: Class 8 orders soft, decreasing backlogs

There’s good news this week if you’re still waiting for deliveries of new Class 8 trucks. Orders in June were soft, as anticipated, but production remains elevated, eating into the…

Mixed bag for Canada’s spot market in March

Canada’s spot market softened again in March, with load volumes down 6% from February levels and 53% year over year. Meanwhile, truck postings surged 29% from February, with 2.51 trucks…

Canadian spot market softer in February

Load volumes in Canada’s spot market softened slightly in February, according to the latest data from Loadlink Technologies. The company chalked the decline to fewer business days in February. So…

Canada’s spot market closes 2022 with consecutive monthly gains

Canada’s spot market ended 2022 with two consecutive months of growth, capping the year with a 7% jump in December load volumes. Load availability was down 31% year over year,…

Canada’s spot market flat in October

Canadian spot market load volumes saw mild gains in October, according to Loadlink Technologies, growing 1% from September but down 19% year over year. Capacity was flat, with 3.64 trucks…

Today’s spot market includes unique dynamics

For a long time “spot” was the dirtiest four-letter word in freight. Loads went to load boards and brokers after every carrier in the shipper’s routing guide had given them…

Canada’s spot market beginning to normalize: Loadlink

Canada’s spot market saw an influx of capacity amid softening freight demand in June, according to Loadlink Technologies. The shift signals a return to normalization. Spot market loads fell 23%…

Canada’s spot market continues to cool

Canadian spot market load volumes fell 15% in May, according to Loadlink Technologies, reflecting a cooling from pandemic-induced highs. For the second consecutive month, truck capacity increased with 1.68 trucks…

Canada’s spot market cools, but remains stronger than in past years

Canadian spot market load volumes declined in April, but remained above previous years’ levels, Loadlink Technologies reports. Load volumes fell 34% from March’s record levels, but were up 71% year…

Canada’s spot market load volumes remain at record levels

Canadian spot market load volumes continued to surge in March but the pace of growth is slowing, Loadlink Technologies reports. March data also showed an increase in truck postings. Spot…

U.S. spot market cooling

Spot market rates and load volumes in the U.S. are falling as fuel prices skyrocket. DAT reported dry van freight volumes were up 23% in March compared to the previous…

Canada’s spot market continues record-setting load growth

Canada’s spot market continues to offer an abundance of loads, “with no signs of slowing down any time soon,” according to Loadlink Technologies. February volumes were up 171% year over…

Canada’s spot market sees record loads posted in December

Canada’s spot market closed 2021 on a record high note, with load volumes soaring 120% year over year and up 20% from a record November, according to Loadlink Technologies. “Loads…

More loads, fewer trucks available in Canada’s spot market in October

It was the best October on record for Canadian spot market truckload volumes, according to the latest data from Loadlink Technologies. Loadlink reported an increase in load availability for a…