Canada Freight Rates

Truckload Rates in Canada – June 2025

Canadian truckload rates continued to recalibrate in May as post-tariff normalization set in and demand leveled across key lanes. Cross-border freight flows remain active but show early signs of softening, while domestic supply conditions are stabilizing after several months of capacity tightening. Below is the latest breakdown of spot rates across Canadian corridors.

Spot Market Rates

Intra-Canada Dry Van:
Spot rates fell 8¢ in May, followed by a further 9¢ decline into mid-June, reflecting sustained pressure on domestic freight pricing. While capacity remains somewhat tight due to the ongoing contraction of the Canadian Class 8 fleet, overall demand continues to soften. Seasonal patterns are present, but price momentum has cooled as inventories normalize and economic conditions weaken.

US to Canada:
Northbound dry van rates were steady through May, but recent trade developments and inflationary headwinds are beginning to temper volumes. Pre-tariff surges have fully receded, and cross-border demand is trending flat. Additional pressure may surface in Q3 if US retail and manufacturing activity continue to cool.

Canada to US:
Southbound lanes experienced continued downward rate pressure in May, with trade-related uncertainty and weakening US demand contributing to softer pricing. DAT Canada reefer spot rates also declined 13¢ m/m in May, signaling broader softness. While equipment availability remains stable, tariff friction and economic cooling are weighing on capacity and pricing outlooks.

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.