Tariffs are making Canadian highway capacity scarcer
An index of outbound Canadian tenders, or shippers’ requests to move loads, is shown in white on the right axis. The percent of those tenders that are rejected by carriers is shown in red, on the left axis. (Chart: SONAR)
A week ago, it wasn’t clear whether the tariffs on Canada and Mexico would actually be implemented. But, as the first business days of March approached and it became clearer that the North American tariffs were all systems go,...