{"id":3317,"date":"2022-02-17T17:26:50","date_gmt":"2022-02-17T17:26:50","guid":{"rendered":"https:\/\/cantruck.ca\/canadas-spot-market-off-the-charts\/"},"modified":"2025-01-10T16:43:30","modified_gmt":"2025-01-10T16:43:30","slug":"canadas-spot-market-off-the-charts","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/canadas-spot-market-off-the-charts\/","title":{"rendered":"Canada\u2019s Spot Market \u2018Off the Charts\u2019"},"content":{"rendered":"<div>\n<p><span style=\"font-size: 16px;\">Canada\u2019s spot market is hot as freight volumes are \u201coff the charts,\u201d according to Loadlink Technologies.<\/span><\/p>\n<\/div>\n<div>\n<p>Loads surged 154% year over year, marking the best January on record by an additional 14%. Shipments from Canada to the U.S. were nearly three times higher than a year ago.<\/p>\n<p>Meanwhile capacity remains extremely tight, with just 0.93 trucks posted per load.<\/p>\n<p>\u201cCombining the current truck shortage with the huge surge in loads only compounds the capacity constraints,\u201d says Claudia Milicevic, president of Loadlink Technologies. \u201cTruck-to-load ratios are even lower than the record low capacity crunch that temporarily ensued following the electronic logging device (ELD) mandate in the U.S. close to five years ago.\u201d<\/p>\n<p>Cross-border loads into the U.S. jumped 281% year over year, while inbound cross-border loads were up 116%.<\/p>\n<p>Domestic freight volumes remained strong, up 166% year over year. The truck-to-load ratio was down 23% from December\u2019s 1.21, and 64% lower year over year when there were 2.57 trucks posted per load.<\/p>\n<p>The shortage of trucks is particularly felt in the reefer segment, Loadlink reports, with the truck-to-load ratio falling from 0.9 in the first half of January to 0.57 in the second half \u2013 a decrease of 36%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s spot market is hot as freight volumes are \u201coff the charts,\u201d according to Loadlink Technologies. Loads surged 154% year over year, marking the best January on record by an&#8230;<\/p>\n","protected":false},"author":2,"featured_media":782,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16,28],"tags":[30,21,73,998,1689,824,24],"class_list":["post-3317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","category-labour-hr-driver-shortage","tag-capacity","tag-economy","tag-elds","tag-freight","tag-loadlink","tag-spot-market","tag-supply-chain"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=3317"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/782"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=3317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=3317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=3317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}