Trucking news covering carriers, driver shortages, regulations, diesel costs, and over-the-road freight markets.
FedEx Freight started trading as an independent publicly traded company on Monday after completing its spinoff from FedEx Corp. The move positions the largest North American less-than-truckload carrier as a standalone leader in the industry.
Experts say Ottawa and provinces must strengthen enforcement to combat abuse in the trucking sector, including safety, labour and tax audits. A Globe and Mail investigation found disjointed regulation allowed employee misclassification to flourish, with 85% of 7,000 trucking firms in four provinces never receiving a safety audit.
This commentary argues that Europe's road freight industry faces critical challenges from driver shortages, fuel price volatility, and an ageing workforce, which threaten supply chains and economic stability. It suggests that AI-powered route planning and efficiency improvements could mitigate these issues, but warns of potential price increases and empty shelves if problems persist.