Even though freight rates are steadily rising, the industry continues to lose trucking jobs due to multitudinous factors that have created both positive and negative conditions at the same time. According to the most recent federal data, “more than 1,000 trucking jobs were eliminated in June. Since February 2023, employment in trucking has gone down in all but five months.” Read more…
Not long after creating a national outcry against rampant lawlessness in the trucking industry, the Canadian Trucking Association (CTA) has returned with a clear message for Ottawa that “promises don’t protect our roads – dedicated enforcement does.” Stephen Laskowski, president and CEO of CTA, recently stated: “we acknowledge and applaud the Government of Canada for taking a major first step by admitting the ‘Driver Inc.’ model is a threat to our economy and our safety and have committed to taking real action.”
Trucking jobs are disappearing despite the fact that rates continue to climb. With diesel prices skyrocketing and the feds continuing to take out bad actors in the industry, trucking capacity may continue to get even tighter. Back in March “there were 800 fewer trucking jobs, according to the latest data from the federal government. That continues a slow-but-steady tightening of capacity that began three years ago.Since February 2023, there have been fewer trucking jobs every month except for three. Trucking employment peaked in October 2022 after a surge of motor carriers entered the market in the wake of the pandemic. Quarantine orders caused unusually high consumer demand for products, sending spot rates rapidly upward.”
Read more…
Trucking jobs are disappearing despite the fact that rates continue to climb. With diesel prices skyrocketing and the feds continuing to take out bad actors in the industry, trucking capacity may continue to get even tighter. Back in March, “there were 800 fewer trucking jobs, according to the latest data from the federal government. That continues a slow-but-steady tightening of capacity that began three years ago. Since February 2023, there have been fewer trucking jobs every month except for three. Trucking employment peaked in October 2022 after a surge of motor carriers entered the market in the wake of the pandemic. Quarantine orders caused unusually high consumer demand for products, sending spot rates rapidly upward.”
Read more…
