{"id":8894,"date":"2025-05-16T17:22:52","date_gmt":"2025-05-16T17:22:52","guid":{"rendered":"https:\/\/cantruck.ca\/?p=8894"},"modified":"2025-05-16T17:22:53","modified_gmt":"2025-05-16T17:22:53","slug":"tariffs-trigger-pre-buy-steep-freight-decline-incoming-report","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/tariffs-trigger-pre-buy-steep-freight-decline-incoming-report\/","title":{"rendered":"Tariffs Trigger Pre-buy; Steep Freight Decline Incoming: Report\u00a0"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

Tariff uncertainty are prompting businesses to make short-term decisions, which analysts warn could hinder sustained economic growth<\/a>, reports CCJ magazine. <\/p>\n\n\n\n

Analysts warn the whiplash from the Trump administration\u2019s \u201cback-and-forth\u201d tariff policy is causing businesses to make significant responses to the environment with short-term decisions, losing out on long-term growth.<\/p>\n\n\n\n

\u201cWe\u2019re kind of in this fog of war,\u201d said Jonathan Starks, CEO of FTR Transportation Intelligence, during its State of Freight webinar on Thursday. \u201cThere\u2019s also a lot of fear out there, and that creates a bit of a crippling environment when it comes to making decisions.\u201d <\/p>\n\n\n\n

Bill Witte, chief forecaster at Witte Econometrics, said the situation is so unprecedented that his forecasts require a trigger warning as it paints a bleak outlook.<\/p>\n\n\n\n

Avery Vise, VP of trucking at FTR, said FTR estimated U.S. tariff rate from 2% to 21% globally, driven by a 121% increase in tariffs on China. Canada, Mexico and the European Union saw a 12% rise.<\/p>\n\n\n\n

\u201cIt seems inescapable that we\u2019ll have some degree of inflation,\u201d Avery said. FTR projects that the core inflation would surge sharply around 4%, before easing gradually.<\/p>\n\n\n\n

The import environment<\/a> has seen a drastic distortion, Avery said, as businesses pull forward inventory in anticipation of higher tariffs that will increase the price of imported goods.<\/p>\n\n\n\n

\u201cThat\u2019s the beginning of the effect of the tariff situation,\u201d Witte said. \u201cYou don\u2019t have the effect of the tariffs themselves directly [yet]. What you have is the anticipation of the tariffs, which has produced a large increase in imports.\u201d<\/p>\n\n\n\n

This has prompted FTR to project a downturn for the GDP Goods Transport Sector: down 8.4% in Q2, -4.9% in Q3, and continuing in negative territory through year-end.<\/p>\n\n\n\n

 In the automobile market, vehicle sales are expected to decline, following a surge in purchases of cars and light trucks, which reached their highest non-COVID levels since 2017.<\/p>\n\n\n\n

\u201cAuto production is not keeping up with sales,\u201d Avery said, \u201cSo, it does raise some question because that\u2019s almost certainly going to come down again [next quarter], and the question is, how are automakers going to respond to that?\u201d<\/p>\n\n\n\n

Vise said consumers likely rushed to buy ahead of anticipated price increases, and businesses ramped up equipment investments. In Q1, equipment investment saw a strong 23% quarter-over-quarter jump.<\/p>\n\n\n\n

Full article here<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Tariff uncertainty are prompting businesses to make short-term decisions, which analysts warn could hinder sustained economic growth, reports CCJ magazine.  Analysts warn the whiplash from the Trump administration\u2019s \u201cback-and-forth\u201d tariff policy…<\/p>\n","protected":false},"author":2,"featured_media":8895,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[30,21,33,613,2410,2480],"class_list":["post-8894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-capacity","tag-economy","tag-freight-market","tag-ftr","tag-prebuy","tag-tariffs"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/8894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=8894"}],"version-history":[{"count":1,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/8894\/revisions"}],"predecessor-version":[{"id":8897,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/8894\/revisions\/8897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/8895"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=8894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=8894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=8894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}