Tag Archive for "inflation" - Canadian Trucking Alliance - page 2

News tagged with inflation

ATRI: Truck Operating Costs Soared in 2022

Thursday June 29, 2023 | COVID-19, Environment & Fuel, Labour/HR/Driver Shortage, Operations & Safety, Technology & Equipment

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 to the year before
By The Numbers: Trucking Viewed as Most Important Mode in Canada

Tuesday January 24, 2023 | Business Conditions, Industry Image & PR, Labour/HR/Driver Shortage

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, and getting Canadian goods transported to markets around the world.
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.
CTA Calls on Feds to Action Task Force Recommendations and Prioritize Supply Chain Stability

Thursday October 27, 2022 | Business Conditions, COVID-19, Labour/HR/Driver Shortage, News Releases

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.

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