Canada’s trucking industry appears bullish about the state of the economy this year, findings of the monthly Today’s Trucking Pulse Survey show.
Increasing driver wages and benefits as well as rebounding fuel prices caused trucking operating costs to increase by 6 percent, according to the latest American Transportation Research Institute report.
The professional truck driver shortage continues to hold back the Canadian economy and solutions require a new approach to immigration policies and rethinking how long-haul freight is moved
The Canadian Trucking Alliance is pleased Canada and the U.S. were able to strike a new trade agreement this week.
Inbound Logistics’ exclusive annual survey of shippers and truckers, which attempts to map out find the industry’s most significant trends and challenges, reveals that finding a truck – and not paying too much more it – are the two biggest concerns for over-the-road shippers.
Shippers looking for some relief in capacity leverage may have to wait until at least the latter half of 2019 – and perhaps longer – based on currently available market data and projections of US economic growth, according to the Journal of Commerce.