Good News! Fuel Prices to Remain Stable

LONDON, ON -- Retail diesel prices in Canada peaked in March before dropping the next month and remained consistent the rest of the second quarter, according to new report from the petroleum information services provider The Kent Group.

New Ferry Says Goodbye Diesel, Hello LNG

MONTREAL -- While some in trucking continue mulling over whether to switch at least a few of their trucks from diesel to natural gas, a little history was made Monday when first ferry to run on liquefied natural gas (LNG) in North America was commissioned in Canada.

Mexico’s Supply Chain Growing More Important

MIAMI, FL -- With U.S.-Mexico trade booming, and the near-shoring trend gaining momentum, Mexico is becoming a key strategic market in global supply chains.

N.A Spot Market Has Second Best June on Record

PORTLAND, OR -- Spot market freight volume and rates in North America both increased last month, according to the DAT North American Freight Index, resulting in the second best June on record.

Trucking Conditions Continue Big Fall

BLOOMINGTON, IN - The health of the U.S. trucking industry worsened again in May, hitting its lowest level in three years, according to freight transportation forecasting firm FTR. But those same forecasters promise better times are on the way.

Canada Benefiting from U.S. Port Congestion

WASHINGTON, D.C. -- Congestion at U.S. ports is providing cargo interests with additional incentives to use ports in Canada and Mexico, according to a member of the U.S. Federal Maritime Commission, and that is likely benefiting Canadian truckers, at least somewhat. According to the Journal of Commerce, FMC Commissioner Richard Lidinsky talked about the issue at a recent meeting of the FMC as part of an update of a 2012 report that examined whether the U.S. harbor maintenance tax was causing diversions of cargo from U.S. ports. The tax is collected on U.S. imports to help pay for the cost of maintaining port facilities. Three years after the first report, "we have seen that shippers are not going to stop diverting cargo through Canadian ports, and that Mexican ports continue to present another option for those individual shippers looking for alternative routes," Lidinsky said.

U.S. For-Hire Freight Shipments Stage Comeback

WASHINGTON, D.C. -- A measure of for-hire freight movements south of the border increased in May following an April decline, according to the U.S. Transportation Department.

U.S. Spot Market Rates See Small Improvements

BEAVERTON, OR -- Spot truckload rates rose in the U.S. last week for van and refrigerated loads but dipped for flatbeds compared to a week earlier on the DAT network of load boards.

Truckers Truck On, Despite Recession Scares

Is Canada in an economic recession? That all depends on how you define the term. And even if the answer is yes, will it slow down the trucking industry? According to most economists, a recession is when there are at least two consecutive quarters of negative growth in the country's gross domestic product, which is a measure of the total output of goods and services. Canada's GDP fell at an annual rate of 0.6% in the first quarter of 2015, according to government numbers, following 0.6% growth in the final quarter of 2014. A report released at the end of June showed a 0.1% drop for the month of April, meaning our economy shrank for the fourth straight month. Not a full second quarter, but not a good trend.

Diesel Prices Down For Second Straight Week

LONDON, ON and WASHINGTON, D.C. -- The average cost of diesel fuel in Canada barely moved lower over the past week while gasoline did an about-face, according to new figures released Tuesday by petroleum information services provider The Kent Group.

N.A. Decline in Truck Orders Not Surprising

COLUMBUS and BLOOMINGTON, IN - Orders for both medium-duty and heavy-duty trucks in North America posted declines, according to two newly released preliminary reports, but the markets remain healthy. For the month of June, 34,600 Classes 5-8 vehicle orders were booked, down 14% from May and 17% less compared to June 2014, according to ACT Research. The commercial vehicle industry data provider said it believes the recent order decline is a reflection of meaningfully larger backlogs rather than any structural change in demand.

Bubble Wrap Fun Popped by Shippers

CHARLOTTE, NC -- Cost conscious shippers have driven a change in a long-time product designed to protect goods during transit, but kids - and kids at heart - are getting their bubbles burst.

U.S. Spot Freight Rates Remain Solid

BEAVERTON, OR -- Demand in the U.S. for truckload capacity increased and national average rates on the spot truckload market remained solid during the week ending June 27, according to DAT Solutions, which operates the DAT network of load boards.

Canadian, U.S. Fuel Prices Decline Slightly Over Past Week

LONDON, ON and WASHINGTON, D.C. --The average cost of diesel fuel in Canada this week has moved down slightly this week after a brief upturn last week, hitting its lowest level in nearly two months.

Quebec Providing $1.5 Billion for Port Improvements

MONTREAL -- Quebec's government announced on Monday it will invest more than $1.5 billion in the province's ports over the next five years as part of what it calls its "Maritime Strategy," including money for improving roads to speed up cargo movement at the Port of Montreal.