Canada Freight Rates

Truckload Rates in Canada – January 2025

Truckload rates in Canada continue to be shaped by domestic freight trends and cross-border shipping conditions. Below is the latest breakdown of spot and contract rates for key Canadian freight lanes.

Spot Market Rates

• Intra-Canada Dry Van:
  Spot rates averaged $1.63 per mile in December 2024, down 2¢ month-over-month but still 8% higher year-over-year, reflecting steady freight demand supported by pre-tariff inventory adjustments.
• US to Canada:
  Northbound dry van rates averaged $1.55 per mile, up 1¢ month-over-month, maintaining a 7% year-over-year increase amid strong holiday and seasonal shipping demand.
• Canada to US:
  Southbound rates remained stable in December, reflecting capacity normalization after earlier disruptions, with consistent demand for cross-border shipments balancing the market.

To see how Canadian rates change in the future, and for detailed analysis and forecasts or truckload, less-than-truckload, and intermodal, see ACT's freight & transportation forecast.