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Truck fleets report plunging loads, layoffs amid Covid-19

from Truck News

Trucking is identified as an essential service, but Canada's trucking industry is under immense economic pressure in the face of Covid-19 — leading to plunging revenues, layoffs, and cash flow issues in recent weeks. It isn't expected to get better anytime soon. The challenges have been identified through separate surveys by the Canadian Trucking Alliance (CTA), which collected responses from 100 carrier members, and a monthly survey of Today's Trucking readers, representing responses in the last week from 246 trucking industry representatives. more

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