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Mar 6, 2012

TRUCKING PROGNOSIS * Canada

* Canada - OTA survey shows industry optimism, but flat freight growth

Toronto,ONT,USA -Truck News -Mar 2, 2012:  --  Optimism among Ontario motor carriers rebounded somewhat in the first quarter of 2012 after a dip in confidence to close out 2011, according to the latest quarterly survey from the Ontario Trucking Association... The number of carriers who reported they were optimistic about the industry’s prospects over the next three months increased from 55% in the final quarter of 2011 survey to 67% in the Q1 2012 survey – the highest level since reversing a trend for three straight quarters where carriers expressed pessimism about the short-term outlook. The number of carriers who said they were pessimistic about the industry’s prospects remained relatively flat, rising modestly from 5% to 8%...  Looking ahead, carriers are cautiously anticipating a rebound...

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