Customs broker system outage delays truckers at border preview image Transportation Customs broker system outage delays truckers at border August 5, 2022 Commercial truck drivers faced long wait times and delays at U.S.-Canada border crossings in Ontario after Customs broker Livingston International experienced a system outage. The Canada Border Services Agency (CBSA)…
TFI posts strong Q2 results preview image Business Management TFI posts strong Q2 results July 30, 2022 TFI International posted a strong second quarter as it continues to improve the efficiency of TForce Freight through a reshaping of its network. Adjusted net income was up 76% to…
U.S. shippers see worsening conditions preview image Business Management U.S. shippers see worsening conditions July 27, 2022 Industry forecaster FTR says its Shippers Conditions Index (SCI) fell in May to a -6.2 reading, thanks to rising fuel prices in May coupled with tight capacity utilization. Those factors…
Fuel prices put pressure on trucking conditions preview image Business Management Fuel prices put pressure on trucking conditions July 21, 2022 Industry forecaster FTR’s Trucking Condition Index (TCI) fell into negative territory in May, as rising fuel prices put cost pressures on carriers. The -0.3 reading was down from a positive…
Truck tonnage jump reflects shift from spot market to contract preview image Business Management Truck tonnage jump reflects shift from spot market to contract July 19, 2022 U.S. for-hire truck tonnage jumped 2.7% in June, according to the American Trucking Associations, reflecting a continued shift of freight from the spot market to contracts. A related index tracking…
Little risk of freight demand collapse: FTR preview image Business Management Little risk of freight demand collapse: FTR July 14, 2022 Falling spot market volumes and rates don’t tell the complete story about the current economic scenario, according to industry analysts at FTR. During a State of Freight webinar July 14,…
Mild recession now base case scenario: ACT preview image Business Management Mild recession now base case scenario: ACT July 14, 2022 ACT Research now projects that a mild recession is the base case for the U.S. economy and North American commercial vehicle markets. It has lowered its GDP forecast, but the…
Truck driver vaccine mandate in place until at least Sept. 30 preview image Health & Safety Truck driver vaccine mandate in place until at least Sept. 30 June 30, 2022 Canada’s vaccine mandate for border-crossing truck drivers will remain in place until at least Sept. 30, extending restrictions that have been in place since Jan. 15. The rules are maintained…
Shippers see improving conditions preview image Business Management Shippers see improving conditions June 30, 2022 U.S. shippers saw business conditions improve in April to the best conditions since September 2020, according to industry analyst FTR. Its Shipper Conditions Index improved to a reading of -1.7…
Recession risks growing: ACT Research preview image Business Management Recession risks growing: ACT Research June 30, 2022 There’s about a 50/50 chance of a recession in the U.S., but truck makers will benefit from pent-up demand and trucking company profitability, ACT Research reports. “With the current head…
FMCSA banishes ELD to “revoked” list preview image Business Management FMCSA banishes ELD to “revoked” list June 24, 2022 The U.S. Federal Motor Carrier Safety Administration (FMCSA) has added the ArionT ELD to its list of revoked devices. It appears to be the first device to be revoked by…
Cross-border truck traffic surged in April preview image Transportation Cross-border truck traffic surged in April June 23, 2022 Talk of a potential recession continues, and inflation has hit levels not seen since 1983, but the surge in cross-border freight continues. Trucks moved US$35.6 billion of freight in both…
U.S. trucking groups don’t want fuel tax holiday preview image Regulations U.S. trucking groups don’t want fuel tax holiday June 23, 2022 Trucking associations in the U.S. are unimpressed with a “gimmicky” decision to temporarily suspend the federal fuel tax. “After months of touting the passage of the well-funded Infrastructure Investment and…
Isaac Instruments expands in U.S. preview image Equipment Isaac Instruments expands in U.S. June 20, 2022 Isaac Instruments has added to its Ohio operations to speed the shipment of replacement parts. “This new location allows Isaac to better serve our U.S. fleet clients, and positions the…
Recession risk growing: ACT Research preview image Business Management Recession risk growing: ACT Research June 20, 2022 Truck demand is likely to decrease in light of falling spot market rates and rising fuel costs, ACT Research reports. And the chance of a mild recession is increasing. “Russian…