Economic and trucking industry analysts believe 2024 is looking up, especially in the second half of the year, after the U.S. economy stuttered along in 2023 toward a hoped-for “soft landing,” reports…
Cautious Optimism for US Freight Market Read more...
The Canadian Federation of Independent Business (CFIB) reports that 34% of transportation companies surveyed were forced to turn away businesses because of labour shortages, while 16% postponed contracts. Its report – Small…
CFIB: Transport Firms Lost Nearly $2B in Business Due to Labour Shortage Read more...
Frustrations over the Driver Inc scheme are mounting as a tough freight market has heightened the impact the unfair competition on compliant fleets, industry leaders said at a recent event….
Driver Inc Among Many Pressures Weighing Down Trucking: Panel Read more...
Bob Costello, chief economist with the American Trucking Associations (ATA), expressed a grim economic outlook for the balance of the year, but hinted at some opportunities and relief in the…
Spring Could Bring Capacity Relief: ATA Read more...
Rising wages for drivers, and the increasing price of insurance, diesel fuel, maintenance costs and other factors, pushed up the cost of operating a truck by 21.3% in 2022, compared…
ATRI: Truck Operating Costs Soared in 2022 Read more...
Canada’s truck drivers play a crucial role in making sure that families and business across the country get the goods they need on time. They are integral in keeping supply chains moving,…
By The Numbers: Trucking Viewed as Most Important Mode in Canada Read more...
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…
ACT: Predicted US Recession to Dampen Class 8 Truck Market Read more...
CTA is echoing calls for the Government of Canada to slow the implementation of Bill C-3 and consider a phased-in approach to the 10-day medical leave policy. The CTA supports…
Canadians are increasingly concerned about getting goods due to supply chain disruptions, especially women and those over 55 years old, according to a Nanos poll of the Canadian public commissioned…
Nanos: Increased Supply Chain Anxiety Among Women and Those Over 55 Read more...
