ACT’s heavy-duty forecast continues to reflect the current ‘perfect storm’ of upbeat economic, freight and trucking indicators on the verge of reaching, all-time record levels, said Kenny Vieth, ACT’s president…
‘Perfect Storm’ Brewing in Trucking: ACT Read more...
The US Federal Reserve is seeing both labour and material shortages mounting across several sectors of the U.S. economy, which may have consumers paying even more for everything from fuel…
US Sees Supply Chain Issues Despite Better Market Outlook Read more...
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 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...
Trucking is providing one of the few bright spots to the flagging U.S. economy as tight capacity and a driver shortage push contract and spot rates higher across vans, flatbeds and…
US Trucking Market Outpaces US Economy as Capacity Tightens Read more...
TransCore Link Logistics thinks the worst of the spot market recession may already be over as Canada’s spot market load volumes took a dive in April, with overall load volumes…
Loadlink: Worst of Cnd Spot Market Downturn Likely Over Read more...
The economic downturn wrought by the global spread of COVID-19 potentially hit its lowest point and freight demand has entered recovery which is forecast to continue on through the end of…
Analysts Hopeful Bottoming of Freight Market has Passed Read more...
The Canadian Trucking Alliance is calling on all carriers to give feedback on how the Canada Emergency Wage Subsidy (CEWS) could be amended to better suit their needs, whether they are currently using…
Have Your Say on Canada Emergency Wage Subsidy Extension and Reform Read more...
The Canadian Trucking Alliance wrote Prime Minister Trudeau and several high-ranking cabinet ministers urging them to consider amending the Canada Emergency Wage Subsidy (CEWS) to be more inclusive of certain…
CTA to Feds: Make CEWS Scalable; Consider Focused Relief for Compliant Truckers Read more...
