Canadian Freight Rates: How to Price a Load in 2026
2026-07-25 · 9 min read
Carriers ask what the going rate is on a lane. It is the wrong question. The right one is what rate you need on that lane to make money, given what your truck costs to run. This guide covers how a Canadian freight rate is actually assembled and how to work backwards to your own floor.
Rate figures move constantly with fuel, season and capacity. Treat any number you read — here or anywhere — as directional. Price against your own costs.
What makes up a rate
A quoted freight rate is rarely one number. It usually breaks into:
Line haul. The base charge for moving the freight. Quoted per kilometre, per mile, or as a flat rate for the trip.
Fuel surcharge (FSC). A separate component that floats with diesel prices, usually pegged to a published index and reset weekly. This exists so the line haul does not have to be renegotiated every time fuel moves. If a rate is quoted "all-in," confirm whether fuel is included — the difference is significant on a long haul.
Accessorials. Everything else: detention, layover, tarping, extra stops, driver-assist unload, border crossing, residential delivery, reefer fuel.
Accessorials are where small carriers lose the most money, because they get performed and never billed. If you waited four hours at a shipper and did not invoice detention, you donated the time. Bill it, every time, and get the detention terms in writing before dispatch.
Working out your floor
Your floor rate is the point below which a load loses money. To find it you need your cost per kilometre, built from:
| Cost type | Examples |
|---|---|
| Variable (per km) | Fuel, tires, maintenance reserve, tolls |
| Fixed (per day) | Truck payment, insurance, licensing, permits |
| Labour | Driver pay, benefits, employer contributions |
| Overhead | Dispatch, admin, accounting, software, office |
Total the fixed and overhead costs for a year, divide by your realistic annual kilometres, and add that to your variable per-kilometre cost. The realistic part matters: budgeting on 160,000 km and running 120,000 understates your cost per kilometre by a third and quietly turns break-even loads into losses.
Once you have that number, every rate you are offered becomes a simple question: does it clear my floor on the round trip, including the empty kilometres to the next load?
Factors that move the rate
Equipment. Reefer and specialised deck freight generally price above dry van, because there is less capacity and more that can go wrong. Reefer also carries fuel cost for the unit itself.
Lane balance. The dominant factor most carriers underweight. A lane into a market with plentiful outbound freight can pay less and still be worth more than a higher-paying lane that strands you. Freight into major hubs reloads quickly; freight into remote or seasonal markets does not.
Season. Produce season, retail build-up before the holidays, and construction season all tighten specific equipment types in specific regions. Frozen and refrigerated capacity tightens in summer; flatbed tightens through the construction months.
Cross-border. US-bound and inbound freight carries customs requirements, currency exposure and often longer payment cycles. If you are running cross-border freight, the eManifest filing is a hard requirement — TruckerPro runs a separate service for ACI and ACE eManifest filing if you are not already set up for it.
Payment terms. A rate is not the whole deal. Thirty days versus ninety on the same rate is a materially different business, especially if you are financing fuel. Factor the cost of waiting into what you will accept.
Common pricing mistakes
Pricing off the board. Board rates reflect freight that could not be covered through relationships. They are not the market — they are the spot end of it.
Ignoring deadhead. A $2,400 load with 400 empty kilometres to reach it is not a $2,400 load.
Chasing revenue instead of margin. A truck that grosses more while netting less is a worse business with more wear on it.
Never revisiting the number. Costs move. If your cost per kilometre is the figure you calculated when you bought the truck, it is wrong now.
Keeping the numbers honest
The reason most small carriers cannot answer "what does this lane cost me" is that the data lives in three places — the load in one system, fuel receipts in a shoebox, driver pay in a spreadsheet. Pulling cost per kilometre out of that takes a weekend, so nobody does it, so pricing stays a guess.
Getting loads, fuel and settlements onto the same record is what makes the number available continuously instead of annually. That is the core of what a TMS does for a small fleet, and it is worth setting up well before you think you need it.