The Prime Minister of Canada today informed Canadians we must be ready for a rapidly changing future – one that will disrupt our businesses and has already significantly curbed investment. …
The topic of driver misclassification and Driver Inc. is a major factor in why smaller carriers are struggling in a down market, according to carriers speaking at the Truckload Carriers…
Small Carriers Facing Big Challenges in Down Market, Including Driver Inc Threat Read more...
The North American freight recession continues to scrape along, with concerns freight demand has modestly improved but still soft, according to recent reports from economic analysts, reports Heavy Duty Trucking….
Signs Freight Recession Improving, but Outlook Still Soft 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 U.S. economy contracted by 4.8% on an annualized rate in the first quarter, according to the U.S. Commerce Department, which released the gross domestic product figures April 29. According…
US Economy Shrinks 4.8% due to COVID; ATA Economist Surprised at Extent of Damage Read more...
The risk of an economy-wide recession was a growing concern through Q3 2019 has largely faded, with healthy consumer fundamentals expected to provide sufficient momentum to get through the slow…
ACT Downplays Risk of Recession Read more...
Business conditions in 2019 have been more challenging for carriers last year, with more projected sluggishness in 2020, said ACT Research President Kenny Vieth, who lead an economic session at CCJ‘s…
ACT: Trucking Faces Headwinds in 2020 Read more...
Truckload rates will increase about 4% in the U.S. this year, with capacity pressure brought on by the looming ELD mandate more than compensating for an economic recovery that’s become…
Truck Freight Outlook: ‘Maximum Impact’ in 2018 Read more...
