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Trucking - Canada - Gave economy another boost in '05
Over the last decade, trucking has grown at a faster rate than the overall economy... OTTAWA,BC,Canada -Today's Trucking OnLine -14 June 2006: -- Economic activity among the three major transport modes increased substantially for the second year in a row... According to a annual transportation review by Stats Canada, economic output, from trucking, rail and aviation, as measured by GDP, rose 4.5 percent in 2005 following a 4.6 percent jump the year before... These back-to-back increases halted three years of decline in economic output in the air industry. Output in 2005 amounted to nearly $4.2 billion, just below the peak of $4.3 billion in 2000... More than one-third (35%) of the GDP generated by the transportation sector in 2005 came from trucking, says Stats Can... Output in trucking rose 4.4 percent last year, a slight slowdown from 2004. Over the last decade, trucking experienced an average annual growth of 5.2 percent, a faster rate than the 3.4 percent average for the overall economy...
posted by Unknown @ 11:03 AM
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