There are substantial “silver linings” to the slow economic recovery and, perhaps in the short term, the driver shortage and other costs
Trucking companies are thinking of expansion as the economy strengthens and pricing firms up, but costs and a shortage of truck drivers will keep a lid on growth
Posted Wednesday September 03, 2014 in Business
U.S. economic activity in manufacturing and construction – two sectors Canada’s export-based trucking industry are heavily linked too – continue to show substantial increases.
With the Canadian economy returning to health and the federal government’s finances expected to shift from deficit to surplus, CTA suggests it’s time to decide what to do with the federal excise tax on diesel
The escalating truck driver shortage is leading to carriers scrambling to fill seats ahead of the fall peak shipping season while likely sparking sharp increases in transportation pricing for shippers.