Economic Trucking Trends: More capacity must leave before truckers feel relief

It was a busy couple weeks to be Bob Costello, chief economist of the American Trucking Associations (ATA), who we will lean on heavily in this week’s segment of Economic…

Trucking capacity still too high, but spring could bring relief: Costello

Bob Costello, chief economist with the American Trucking Associations (ATA), visited the Isaac Instruments user conference this year with a grim economic outlook, but also one that contained hints of…

U.S. congestion cost $7,000 per truck in 2021: ATRI

Highway traffic congestion cost the trucking industry an additional US$94.6 billion in 2021, marking the highest level ever recorded by the American Transportation Research Institute (ATRI) in its latest report.

Cost control, efficiency the name of the game for TFI International

TFI International saw revenues and net income slide in the third quarter, largely due to softer freight volumes and the divestiture of its U.S. truckload business, CFI, last August. Total…

Truckers concerned about economic conditions: Survey

Canadian owner-operators and fleet managers appear to be decidedly pessimistic about trucking conditions for the year to come, largely because of concerns about the general economy. Those responding last week…

Business groups call on Ottawa to intervene as St. Lawrence Seaway strike begins

Business groups urged the federal government to intervene to void a lengthy labor dispute at the St. Lawrence Seaway amid concerns that a strike that began early Sunday could have…

Economic Trucking Trends: Tough conditions continue for fleets, particularly smaller ones

Overall trucking conditions plunged deeper into negative territory according to FTR’s Trucking Conditions Index, thanks to rising fuel prices and softer freight demand. No surprise, then, that the latest week…

Atlantic Canada carriers buckle down against challenges

Carriers in the Atlantic provinces are not immune to headwinds from lower freight volumes and rates that are affecting the rest of the country but are positive that they will…

New UAW demands ‘completely unrealistic’: Mack

Mack Trucks says a new list of demands from striking United Auto Worker (UAW) members ignores months of good faith bargaining and is unrealistic. This after members voted down a…

CTA highlights interprovincial trade barriers in new report

With input from more than 4,500 respondents, the Canadian Trucking Alliance (CTA) has identified the industry’s key issues in its latest report, Interprovincial Trade Barriers in Trucking.  From increasing access to…

ATA’s Spear takes aim at plaintiff attorneys, California emissions rules

In a fiery keynote address at the American Trucking Associations (ATA) Management Conference & Exhibition, the association’s president put industry foes on notice that trucking will continue to bring the…

Mullen posts strong Q3, sees balance returning to freight markets

Mullen Group shrugged off a freight recession in the third quarter, posting strong Q3 net income of $39.1 million, up 2.9% year over year. Revenue slid 2.8% to $504 million,…

Unifor strike could choke St. Lawrence Seaway container traffic

Unifor says members working for the St. Lawrence Seaway Management Corporation could go on strike on Oct. 21, effectively shutting down transit through the seaway. It has issued a 72-hour…

Mack benefiting from strong vocational demand

Freight markets are sluggish but demand for heavy trucks remains strong, particularly for Mack Trucks and the vocational segment in which it thrives. Jonathan Randall, president of Mack Trucks North…

Motive’s Holiday Outlook Report forecasts continued challenges for carriers

Motive’s first ever Holiday Outlook Report paints a fairly grim picture of the trucking conditions, as higher fuel prices and soft freight squeeze truckers. Presenting the report at a press…