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Jun 8, 2013

* USA - TRUCKING INDUSTRY: Lost 700 jobs in May

* DC - Trucking loses 700 jobs in May after 12,500 job gains in April

Washington,DC,USA -The Trucker -6 June 2013: ... For-hire trucking lost 700 jobs in May after gaining 12,500 jobs in April... Comparatively, the industry has gained 40,100 jobs during the past 12 months and 151,800 since March 2010, when the industry began to climb out of the recession... But some positive signs of the economy's resilience have emerged. Service companies reported an increase in new orders, the ISM found. That suggests that businesses could expand further in coming months... And steady gains in home sales and construction are providing support for the economy even as manufacturing weakens...


* Ontario / Canada - Truck driver shortage has economic implications

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Toronto,ONT,CAN -Northern Ontario Business, by Liz Cowan -10 June 2013: -- A shortage of truck drivers could have a profound effect on the economy by the year 2020... A new study concludes that a gap between the supply and demand of transport drivers could reach as high as 33,000 by 2020... The Conference Board of Canada report – Understanding the Truck Driver Supply and Demand Gap and Its Implications for the Canadian Economy – states that the age of the average truck driver is now higher than the age of the average worker in Canada. The truck driver's average age has increased from 40 in 1996 to 44 years in 2006, mostly due to a decreasing participation of young people in the industry over the past decade... The trucking industry moves 90 per cent of all consumer products and food within Canada and 60 per cent of trade with the United States, Canada's largest trading partner, according to the Ontario Trucking Association (OTA). It alone accounts for 33 per cent of real gross domestic product (GDP) in the transportation sector... Most of the demand for truck transport services is tied to the manufacturing, retail and wholesale trade industries. Demand for goods and services from retail industries is expected to grow significantly by 2020. The trucking industry's real GDP is expected to increase from $17 billion in 2011 to $21.4 billion...

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