Canadian freight appears to have turned a corner — at least as far as truckload volumes are concerned.
At Challenger Motor Freight, one of Canada’s largest carriers, the change took shape after volumes bottomed out about two weeks ago.
“It’s coming back,” Challenger President Dan Einwechter told FreightWaves. “But we have a long way to go. It’s a deep hole.”
A key measure of Canadian truckload volumes, the Outbound Tender Volume Index-Canada (OTVI.CAN) on FreightWaves’ SONAR platform, had climbed...
https://www.freightwaves.com/news/canadian-freight-claws-out-from-deep-hole