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We have seen sharp price increases in the US domestic markets while Canada has seen minimal increases.
The US government support was also light compared to the Canada Emergency Wage Subsidy program that pumped 95 billion into the Canadian market.
That has now ended and we will continue to see prices rise as capacity in the Canadian and Cross Border trucking market tightens due to loss of driver capacity.
The price of freight in Canada is poised to surge higher as demand continues to outstrip the capacity to move goods and government wage subsidies end, the CEO of one of the country’s largest trucking and logistics firms, (continue reading here)
