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Feb 7, 2009

TRUCKING INDUSTRY NEWS * Canada & USA

* Canada - Truckers big part of heavy job losses

Ottawa,ONT,CAN -Today's Trucking -6 Feb 2009: -- An unprecedented number of Canadians began the New Year out of work in 2009... Nearly all the jobs lost in Canada in January came out of Ontario, B.C. and Quebec, with the bulk of those in the manufacturing and about 25 percent in transportation sectors, including trucking... According to Stats Canada, employment fell by a whopping 129,000 jobs in January, almost all in full time, pushing the national unemployment rate up to 7.2 percent. This drop in employment exceeds any monthly decline during the previous economic downturns of the 1980s and 1990s and, in one month, represents about 60 percent of all jobs lost since October... The national trucking fleet population is falling quickly as fleets cut capacity in response to wilting transportation demand... According to an Ontario Trucking Association member survey, nearly half of fleets questioned said they trimmed capacity out of their operation in the last quarter of 2008, compared to just 30 percent in a previously quarterly survey... Another 53 percent they expected to take more drivers and trucks off the road over the next few months of 2009...


* USA - Layoffs confirmed at FedEx Freight

Memphis,TENN,USA -The Memphis Business Journal -February 6, 2009: -- FedEx Freight, a subsidiary of FedEx Corp., laid off an unknown number of dock workers Thursday... Sources said that at least 25 workers were laid off and more cuts may be coming... FedEx confirmed the layoffs Friday, but would not comment on the exact number of layoffs or if any additional FedEx Freight jobs would be cut...

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