Jack Kleinhenz, chief economist with Kleinhenz & Associates, said the long-running economic expansion is slowing, but added he’s “relatively optimistic about the economy.”
Posted Friday September 13, 2019 in Business
Falling North American class 8 truck orders is a sign that the sales market is returning to normal levels, rather than an impending major recession, says FTR.
Posted Wednesday September 04, 2019 in Business
The chief economist of the American Trucking Associations (ATA), Bob Costello, does not see a macro recession on the near-term horizon and is relatively sanguine about the American economy apart from trade policy.
The Canadian Trucking Alliance is calling on the supply chain to join the trucking industry in pressing for exemptions to three new Labour Code provisions set to take effect September 1, 2019.
Fleet operators are most worried about keeping up with fleet management technology, shortages of qualified drivers, and a possible economy slowdown, according to a survey from TD Bank. The survey focused on evolving technology and expectations for equipment financing.