Truck driver scarcity has reached a three-year high, according to ACT Research’s For-Hire Trucking Index for February. “As fleets often like to be gearing up for springtime volume growth in…
Driver Shortage Worsens as Freight Market Conditions Improve: Reports Read more...
The wide-scale distribution of COVID-19 vaccines in the and additional government stimulus in the U.S. will drive economic growth in 2021 and 2022, according to trucking economists. As reported by…
Vaccine, Stimulus to Boost Trucking in the Near Term Read more...
The Canadian Trucking Alliance reiterated five important industry positions that would improve the safety, diversify and expand labour opportunities in trucking, cut down on the trucking industry’s environmental footprint and…
Five Steps to Better Trucking: CTA Makes 2021 Federal Budget Recommendations Read more...
Canadian shippers paid marginally less for ground transportation in December, down 0.44% compared to November, according to the Canadian General Freight Index (CGFI), reports Truck News. The Base Rate Index,…
Freight costs down, Surcharges Rise in DEC: CGFI Read more...
Shipper yards continue to be weighed down by traditional manual processes that affect everything from detention times to throughput, according to the State of Yard Management: Industry Report 2021, conducted…
Manual Processes Increase Waiting Time: Study Read more...
Truck manufacturers are struggling to keep up with order demand due to material shortages. FTR reported preliminary orders of 42,800 units in January, up 144% year-over-year but down 18% from…
OEMs Struggle to Keep Pace with New Truck Orders Read more...
The next six to nine months could see a tremendous uptick in trucking company deal announcements in North America, Spencer Tenney, president and CEO of The Tenney Group, said during…
M&A Activity to Heat Up in 2021 Read more...
Mary Ng, Minister of Small Business, Export Promotion and International Trade, announced today the launch of the Highly Affected Sectors Credit Availability Program (HASCAP) to help businesses that have been…
Feds Launch Credit Availability Program for Highly Affected Sectors Read more...
The number of US truck drivers switching motor carriers is on the rise, as is driver pay, with truckload carriers rolling out double-digit percentage pay increases, reports the Journal Of…
JOC: Driver Pay, Turnover Rising Read more...
