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...
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...
Border data from the Canada Border Services Agency points to a continued uptick for freight, trade from the staggering pandemic plunge, Freightwaves reports. The number of trucks crossing the U.S.-Canada…
US-Canada Truck Border Crossings Rebound Read more...
The United States-Mexico-Canada Agreement (USMCA) which replaces the 1994 North American Free Trade Agreement, is expected to spur investment in Mexico and help bolster cross-border freight movement, says industry experts…
Freight Analysts: New NAFTA a Positive for Cross-Border Trucking Read more...
Trucking and logistics executives at National Industrial Transportation League’s 2020 Summit discussed the contract environment, trucking capacity, truck parking, driver retention, delivery demands and hours-of-service regulations. With a down market…
Panel: Trucking Has Cause for Optimism Despite Headwinds Read more...
Falling North American class 8 truck orders is a sign that the sales market is returning to normal levels, rather than an impending major recession in the freight economy, according…
Truck Orders Returning to Earth, but Not Crash Landing Read more...
The chief economist of the American Trucking Associations (ATA), Bob Costello, does not see a macro recession on the near-term horizon and is relatively sanguine about the American economy apart…
ATA’s Costello: Healthy Economic Activity But Slower Growth Read more...
