As many trucks crossed from the U.S. to Canada last week as did a year earlier, as the cross-border freight recovery pushes through the holidays and USMCA.
Canada Border Services Agency reports that cross-border truck traffic from the U.S. hit its highest level since late March. This is an encouraging sign as freight and trade slowly recover from COVID-19 falloff.
A fiery crash briefly shut down Highway 401 near Toronto as trucks contend with recovering freight volumes and more dangers on the roads.
Latest Canada Border Services Agency data shows uptick in commercial vehicle traffic in a good sign for cross-border freight.
Canada’s trucks are moving more freight as volumes recover from a pandemic low, but bargain-basement rates and cash flow issues continue to weigh on carriers.
“We’ve definitely seen things coming back,” Energy Transportation CEO says as a key measure of truckload volumes in Canada rises 27% over two weeks on FreightWaves’ SONAR platform.
Key FreightWaves SONAR index pushes past post-Canadian National strike level as trucks continue to move loads.
