The trucking industry is the lifeblood of the North American economy. In fact, nearly all products purchased and consumed in Canada and the US are put on trucks and distributed to retail stores. As a result, the trucking industry in Canada is worth more than $27.8 billion in 2022.
Despite the significant growth, the trucking industry has witnessed its ups and downs in recent times. It all started with the COVID-19 pandemic that impacted fuel costs, freight charges, vaccine mandate for truckers, and more.
The trucking industry latest news
Fuel costs rose. In general, they rose due to the limited nature of the resource, in particular – due to the pandemic, natural disasters, and political turbulence happening in the world. As one of the biggest expenses that trucking companies have to incur, the rising fuel cost is a matter of concern. In fact, due to the rise in fuel costs and COVID-19 government regulations, the global market came to halt. The transportation industry was unable to move shipments quickly. And the growing shortage of experienced drivers was also a cause.
Besides fuel costs, another factor that increased freight charges is the February 2021 storm. The storm lasted two weeks. Most trucking companies choose to move freight in the southern part of the US in winter. However, most drivers do not have the experience to drive in snow, ice, and sleet. As such, they chose to park until the roads were safer. Many of the drivers who chose to drive through the weather arrived at the destination only to find the facilities shut down. This happened for various reasons, such as power outages. The longer they waited for the facilities to re-open, the more costs they incurred. This impacted freight charges.
In 2021, the Governments of Canada and the US introduced the mandatory vaccination of essential workers. This means that the only way a Canadian trucker can cross the border is to get vaccinated. As an industry, the majority complied. However, some expressed their displeasure and even went to protest blocking roads and key border crossings between the US and Canada.
In a letter to the protesters, the Canadian Trucking Alliance (CTA) president asked them to engage in a peaceful demonstration. Meanwhile, the CTA is working with the government to mitigate the impact of COVID-19 in the sector. All these developments and more will alter how the trucking industry will function in 2022 and beyond.
Transam Carriers’ services
The good news is Transam Carriers is always committed to on-time damage-free delivery for short and long hauls. Since 2006, we provide price-competitive transportation services to our Canadian and U.S. clients. Throughout our history, our mission is to provide quality, cost-effective and professional transportation services to our customers.
Transam Carriers provides FTL and LTL deliveries in Canada, Eastern and Mid Western USA. We also introduced intermodal services for businesses, not in need of expedited services.
At Transam Carriers, we take personal responsibility for the safety of ourselves and those around us. To ensure safe delivery and to optimize our clients’ expenses, we use the latest equipment, utilize modern technologies, maintain trucks and trailers on a regular basis, and educate our personnel.
Why choose Transam Carriers?
Dedicated to satisfaction, our courteous support team responds to requests fast and timely. We provide our customers with updates throughout the journey. Our operators send accurate invoices and timely alerts to ensure proof of delivery is instant and accurate.
To ensure your freight stays on the move, we use GPS tracking, telematics, and the latest dispatch software. Our operators can grant you access to GPS tracking allowing you to have the exact location of your freight. As such, we exceed our client’s expectations and ensure on-time delivery.
We have been serving Canadian and North American businesses for about 15 years. With this experience, the best talents, cutting-edge technologies, and the latest equipment, we are here for the next reliable delivery!
Give us a call today for a free transportation quote, tel. 416-907-8101.
Quick online quote: https://www.transamcarriers.com/quick-quote
For career opportunities at Transam Carriers, visit our Careers page or email us: [email protected]
