Analysts Hopeful Bottoming of Freight Market has Passed Wednesday June 10, 2020 | Business Conditions The economic downturn wrought by the global spread of COVID-19 potentially hit its lowest point and freight demand has entered recovery which is forecast to continue on through the end of next year, according to CCJ magazine and freight analysts.
CTA to Feds: Make CEWS Scalable; Consider Focused Relief for Compliant Truckers Tuesday May 26, 2020 | Admin & Tax, Business Conditions, COVID-19, Labour/HR/Driver Shortage, News Releases, Operations & Safety The Canadian Trucking Alliance wrote Prime Minister Trudeau and several high-ranking cabinet ministers urging them to consider amending the Canada Emergency Wage Subsidy (CEWS) to be more inclusive of certain struggling businesses as well as other targeted relief measures to support trucking industry.
US Economy Shrinks 4.8% due to COVID; ATA Economist Surprised at Extent of Damage Friday May 01, 2020 | Business Conditions, COVID-19 The U.S. economy contracted by 4.8% on an annualized rate in the first quarter, according to the U.S. Commerce Department, which released the gross domestic product figures April 29.
CTA Asks Carriers to Complete Business Conditions Survey Friday May 01, 2020 | Business Conditions, COVID-19, Labour/HR/Driver Shortage, Operations & Safety The Canadian Trucking Alliance (CTA) is conducting a follow-up to its initial Business Conditions survey in April.
