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Exports and imports rose in December preview image Exports and imports rose in December article image

Exports and imports rose in December

OTTAWA, ON - Canada recorded a trade surplus for the second consecutive month in December, with exports up 0.8% on the strength of higher energy products, and imports up 1%, largely on increases in aircraft and industrial machinery, Statistics Canada reports. But in terms of volumes, exports were down 1.4% because of drops in metal ores, non-metallic minerals, motor vehicles and parts. Import volumes were up 0.4%, based largely on industrial machinery, equipment and parts.

Temporary delay in U.S. driver training bill

WASHINGTON, DC -- Thanks to a "Regulatory Freeze Pending Review" issued by the White House on January 20, the Federal Motor Carrier Safety Administration has "temporarily delayed" the effective date of its final rule on minimum entry-level CDL training requirements until March 21. However, while the rule's effective date has been extended, the agency did not adjust the rule's all-important compliance date- which remains February 7, 2020. In practical terms, that means this delay is only a move on paper.