{"id":3752,"date":"2024-09-20T19:08:26","date_gmt":"2024-09-20T19:08:26","guid":{"rendered":"https:\/\/cantruck.ca\/rail-strike-boosts-canadian-spot-market-trucknews\/"},"modified":"2025-01-10T16:40:40","modified_gmt":"2025-01-10T16:40:40","slug":"rail-strike-boosts-canadian-spot-market-trucknews","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/rail-strike-boosts-canadian-spot-market-trucknews\/","title":{"rendered":"Rail Strike Boosts Canadian Spot Market: Trucknews"},"content":{"rendered":"

Loadlink reported strong load posting growth in August, buoyed in part by the short-lived rail strike and fears over supply chain disruptions, reports James Menzies in Trucknews.com.<\/p>\n

Spot market rates in the U.S. remained weak in the most recent week, as did trailer orders.<\/p>\n

Meanwhile, with trailer makers expected to soon open 2024 order books, analysts are watching closely to see if buyers will come back or instead direct limited cap-ex budgets to power units ahead of EPA27 emissions standards.<\/p>\n

Trailer orders in August came in at 6,661 units according to FTR, which was down 30% year over year, but a 17% improvement from July numbers. FTR indicated it was the fifth weakest order month in the past four years, while cancellations remained above 30% as a percentage of total gross orders for the fourth straight month.<\/p>\n

FTR blames stagnant freight fundamentals for the lack of new orders and notes manufacturers have trimmed production to levels 30%, lower than the average August build rate.<\/p>\n

Loadlink, meanwhile, reports that August showed a big spike in spot market load postings, in part due to the short-lived rail strike and fears of related supply chain disruptions.<\/p>\n

Posted loads jumped 32% year over year in August, while equipment postings were down 20% against year-ago levels. Cross-border load growth led the way, accounting for 59% of all loads.<\/p>\n

.<\/p>\n

\u201cAugust 2024 was a very successful month for the Canadian freight industry due to record-breaking volumes and strong cross-border trade,\u201d Loadlink noted. \u201cWe do expect to see a ramp up in the following months leading into the holiday season.\u201d<\/p>\n

For full article,\u00a0click here<\/a>.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Loadlink reported strong load posting growth in August, buoyed in part by the short-lived rail strike and fears over supply chain disruptions, reports James Menzies in Trucknews.com. Spot market rates…<\/p>\n","protected":false},"author":2,"featured_media":1348,"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],"tags":[30,21,998,2145,81,824,67,1187],"class_list":["post-3752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","tag-capacity","tag-economy","tag-freight","tag-pretty","tag-rail","tag-spot-market","tag-trailers","tag-volumes"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3752","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=3752"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/1348"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=3752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=3752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=3752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}