Reported 3 days ago
As President Trump's new tariffs on imports from Canada and Mexico came into effect, cross-border trucking rates surged dramatically. Companies rushed to expedite shipments to avoid higher costs, driving spot rates for dry vans and refrigerated trucks to two-year highs. Experts warn that demand may drop significantly once the tariffs are fully implemented, affecting the trucking industry that has faced declining rates for three years.
Source: YAHOO