For all of 2022, for-hire truck tonnage was up 3.4%, which was the best annual gain since 2018, according to the American Trucking Associations.
Truck Tonnage Logs Best Annual Gain in Years: ATA
Posted Friday January 27, 2023 in Business
News tagged with volumes
Mullen: No Signs of Freight Recession, but Supply Chain Issues Holding Economy Back
Posted Friday July 22, 2022 in Business, Labour/HR/driver shortage
Merger and acquisition activity and an ability to pass along price increases were the drivers behind the strong second quarter growth for Mullen Group, said its chairman Murray Mullen, who also added that while the pace of growth will moderate, he doesn’t see any signs of a significant slowdown anytime soon.
ACT Research: More Capacity and Less Volume
Posted Friday July 22, 2022 in Business, Labour/HR/driver shortage
The latest release of ACT’s For-Hire Trucking Index, showed volume and pricing down, with capacity still on the high side, resulting in a lower Supply-Demand Balance in June.
Independent Operators Taking on More of Hot Spot Market
Posted Friday January 14, 2022 in Business
A hot spot freight market in 2021 resulted in record trucking start-ups in the U.S., shifting capacity from large truckload carriers and making it more difficult for shippers to lock in trucking services from traditional providers, James Menzies of Trucknews.com reports.
Canadian spot market Remains Healthy: Loadlink
Posted Thursday May 27, 2021 in Business
Canadian spot market load volumes on the Loadlink platform decreased 14% in April, or 5% when considering the number of business days between March and April. That reflects normal seasonal movements.
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