Domestic freight on Canada’s spot market declined in January due to provincial lockdown measures, but inbound cross-border freight was on the rise, reports Today’s Trucking
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 a Truckload Carriers Association (TCA) webinar this week.
The number of US truck drivers switching motor carriers is on the rise, as is driver pay, with truckload carriers rolling out double-digit percentage pay increases, reports the Journal Of Commerce.
Posted Wednesday June 10, 2020 in Business
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 next year, according to CCJ magazine and freight analysts.