Prices to ship goods from Canada to the U.S. on the spot market for standard heavy-duty trucks jumped 44% to $4.07 a mile from Jan. 2 to Feb. 5, according to Truckstop.com Inc., a platform matching loads to trucks. The rate for refriger-ated trucks rose by a third over that period to $4.87, the company said.
Rate increases to ship goods from the U.S. to Canada weren’t as steep, but prices still rose by more than 20% during that period, which includes the time when Canada and then the U.S. imposed a Covid-19 vaccine mandate for cross-border truck drivers but doesn’t include the weeklong period when protests blocked the cru-cial Ambassador Bridge corridor connecting De-troit to the city of Windsor, Ontario.