Business Management
RBC Canadian Manufacturing Purchasing Managers’ Index finds both production and new order growth strengthen during September
TORONTO , Ont. -- RBC's Canadian Manufacturing Purchasing Managers Index today provided a ray of hope to the otherwise gloomy economic forecasts dominating the news and may point to a late-year rally for the country's economy. The...
Anemic economy points to slow growth for freight rates: Dr. Saipe
MISSISSAUGA, Ont. -- General truck freight rates should grow at an average annual rate of 1%-2% through 2012," Dr. Alan Saipe told transportation professionals attending the SCL-Nulogx breakfast conference entitled "Transportation Strategy:...
Freight volume growth will be slack; peak season will be muted, analyst warns
MISSISSAUGA, Ont. - Expect slackening to flat freight volumes for the remainder of 2011, warned Cormark Securities' David Newman at yesterday's SCL-Nulogx breakfast conference aptly entitled "Transportation Strategy: Planning for 2012 in...
Expect slower growth but no recession, BMO economist tells Transportation Conference
TORONTO, Ont. - Canadians worried about the darkening clouds on the economic horizon will have to live with modest growth of just 2% for 2011 and 2012 but we are not heading towards recession, Kenrick Jordan, senior economist with BMO Capital...
TransCore’s Canadian Freight Index sees double digit increase for August
TORONTO, Ont. -- TransCore's Canadian Freight Index for the nation's spot market in August was up 10% from July 2011 and had a 12% increase year-over-year. August 2011 freight volumes were the highest for same month over the last five...
RBC Canadian Manufacturing Purchasing Managers’ Index finds new order growth strengthens in August
OTTAWA, Ont. -Incoming new work at Canadian manufacturers increased at a marked pace during August, according to the RBC Canadian Manufacturing Purchasing Managers Index, an indication that Canadian business perhaps should not be as gloomy in...