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Feb 8, 2009

TRUCKING INDUSTRY CRISIS * Canada - T.I. is losing thousands jobs

Oshawa company taking over failing competitor as broad recession stalls sector across the country

Toronto,Ontario,Canada -The Toronto Star, by Chris Sorensen -Feb 7, 2009: -- Norm Mackie, the head of operations for Mackie Moving Systems Inc., was holed up in his Oshawa office yesterday, helping put together a takeover of a smaller Brampton-based trucking firm as it teetered on the brink of bankruptcy... "It's not a good news story," said Mackie, whose family's company operates about 500 trucks and a large warehousing centre in the Toronto area. "They have laid off approximately 150 people in the last couple of days"... A similar story of hardship is taking place across the Canadian trucking industry... Statistics Canada said yesterday that the transportation and warehousing sector lost nearly 30,000 jobs last month – "largely in truck transportation in Ontario," where a weakening economy and the continued decline of the manufacturing sector has forced operators to cull large numbers of drivers... The sector currently employs nearly 870,000 in total across Canada, the government agency said... A survey by the Canadian Trucking Alliance in January found that almost a quarter of the 86 trucking companies polled said they planned to reduce the number of company drivers... Nearly 30 per cent said they were planning to reduce their business with independent owner-operators... (Picture by YVONNE BERG/TORONTO - Truckers say they sensed in late 2007 that their industry was headed into a slump. On Feb. 6, 2009, StatsCan said the sector lost nearly 30,000 jobs across the country in the previous month. )

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1 Comments:

Blogger Motiv8 said...

Those are really discouraging statistics. Hopefully people will be able to use the everytime a door closes a window opens and find some positive out of the situation eventually.Perhaps they will be able to go back to school or try something different.

4:34 PM  

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