The Canadian trucking industry faces a shaky market as cargo volumes and freight rates continue to fall compared with the soaring highs seen during the pandemic.
Mike Millian, president of the Private Motor Truck Council of Canada, says smaller fleets with fewer resources and contracts are especially prone to a downturn, which comes as consumers spend more on services and less on household items.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trucking industry facing leaner times as consumer demand dropsMONTREAL — The Canadian trucking industry faces a shaky market as cargo volumes and freight rates continue to fall compared with the soaring highs seen during the pandemic.
Source: SooToday - 🏆 8. / 85 Read more »
Canadian trucking industry facing leaner times as consumer demand dropsTrucking HR Canada says declining demand prompted an employment decrease of more than 20,500 jobs in the first three months of this year compared with December 2022
Source: globebusiness - 🏆 31. / 66 Read more »
Trucking industry facing leaner times as consumer demand dropsIndustry sees challenges as consumers spend more on services and less on household items
Source: PGCitizen - 🏆 65. / 51 Read more »
Return of live shows after COVID closures revived performing arts industry: StatCanA new report from Statistics Canada says the return of live shows and events after pandemic restrictions revived the country's performing arts industry in 2022, with significant revenue and salary growth in specific sectors.
Source: CP24 - 🏆 30. / 67 Read more »
Return of live shows after COVID closures revived performing arts industry: StatCanA new report from Statistics Canada says the return of live shows and events after pandemic restrictions revived the country's performing arts industry in 2022, with significant revenue and salary growth in specific sectors.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »
Return of live shows after COVID closures revived performing arts industry: StatCanA new report from Statistics Canada says the return of live shows and events after pandemic restrictions revived the country's performing arts industry in 2022, with significant revenue and salary growth in specific sectors.
Source: BNNBloomberg - 🏆 83. / 50 Read more »