Survey Says Trucking’s A Growth Industry

MONTREAL – Between June and August, GE Capital surveyed a bunch of people in the trucking industry across Canada to get their views on the past, present and future of their industry.

Respondents represent companies with revenues ranging from $1 million to $1 billion.

And boy are they bullish.  Here’s a hint at the survey results:

  • A majority of truckers increased their revenues over the past year, and 60 percent of them added jobs;
  • More than three quarters expect increased revenue next year; and almost two thirds  expect to hire new staff, too;
  • Everybody’s concerned about the driver shortage; his growth is creating strong demand for qualified personnel with nearly all firms expressing concerns about recruiting and retaining qualified drivers.
  • And the trucking industry is less reliant on innovation for growth, and “adoption of new fuel technologies is likely to remain low for the foreseeable future.”

For a more complete look at the results of the survey, click here. 

 


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