ACT: Predicted US Recession to Dampen Class 8 Truck Market Thursday December 22, 2022 | Business Conditions, Technology & Equipment In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the longer inflation remains elevated, the more aggressively the Fed will respond with higher interest rates, increasing the chances of a sharper decline in economic activity, which will result in fewer commercial vehicles required to facilitate this subdued activity and likely exacerbate downward pressure on spot and contract rates.
Abacus Poll: Trucking Viewed as Most Important Mode in Canada Tuesday November 15, 2022 | Admin & Tax, Business Conditions, COVID-19, Industry Image & PR, Labour/HR/Driver Shortage, News Releases Most Canadians also think labour shortages hurting trucking more than any other sector
Minister O’Regan Leads Discussion on Tackling Driver Inc; Pledges Enforcement With ‘Teeth’ Monday November 07, 2022 | Admin & Tax, Business Conditions, Industry Image & PR, Labour/HR/Driver Shortage, News Releases, Operations & Safety Federal Labour Minister Seamus O’Regan and four Greater Toronto Area (GTA) Members of Parliament (MPs), met with a delegation of the Canadian Trucking Alliance (CTA) and the Teamsters today to discuss the government’s commitment to end the illegal tax scheme, known as Driver Inc.
CTA: Feds Target Driver Inc. in Fall Economic Statement Thursday November 03, 2022 | Admin & Tax, Border & Customs, Business Conditions, Labour/HR/Driver Shortage, News Releases, Operations & Safety Border support and access to immigration programs also addressed