More than half of Canadian trucking leaders expect business to improve within the next year, even as rising operating costs, trade uncertainty and workforce challenges continue to weigh on the sector, reports Today’s Trucking.
According to a new Trucking HR Canada survey conducted by Abacus Data, Today’s Trucking reports that 54% percent of respondents expect business conditions at their organizations to improve, while 26% expect them to stay about the same and just 9% expect them to worsen,
Optimism about the state of trucking in Canada has risen since the last survey in 2024, even as 96% of respondents remain concerned about rising operating costs and concern about the Trump administration has climbed from 58% to 91%.
Optimism about the state of trucking in Canada has risen 27% since then, with 63% of respondents saying they feel better about the industry’ outlook. Pessimism fell to 37% from 67%.
Rising operating costs remained the most common concern, cited by 96% of respondents, barely above 92% in 2024. Second on the list is the Trump administration (91%) and its impact on trade and the economy.
Concern about a recession or downturn in Canada went up to 82%.
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