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Analysis * Canada - Industry turnaround on pause
Managers of some of Canada's largest truck freight carriers say they aren't optimistic that the industry will rebound until late 2008, early 2009 at the earliestToronto,ONT,CAN -Today's Trucking On Line -8 Oct 2007: -- ... The current exchange rate of the Canadian dollar relative to the U.S. greenback, excess transportation capacity, and the secular shift to rail transportation are key factors in the slow turnaround, fleet executives suggested at RBC Investments's (Canada's leading provider of wealth management solution), recent Annual Transportation Conference...Despite the negative outlook, RBC says there are some opportunities in the trucking industry as a result of efficient execution, specialized services, as well as higher barriers to entry in certain niche segments... (Photo: Despite the negative economic forecast, there are still some margins in 'higher barriers to entry' segments)
Labels: freight analysis
posted by Unknown @ 5:58 AM
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