“I only see good news for the trucking sector”: BC economist
KELOWNA, BC - Canada's economy appears to face a "tsunami" of risks and concerns, but Ken Peacock continues to project a growing economy for British Columbia -- and ongoing growth for the trucking industry that serves it. "I only see good news for the trucking sector," said the vice president and chief economist of the Business Council of British Columbia, during the annual meeting of the BC Trucking Association. He's bullish on the potential growth because of factors such as exports to both the U.S. and other provinces, increasing construction, strong consumer spending, and rising activity in the Pacific Gateway.
Trump, Trudeau commit to pre-clearance, Gordie Howe Bridge
TORONTO, ON - The inaugural meeting between U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau resulted in a joint statement by the two leaders. And while the statement didn't mention NAFTA, it did mention the importance of deepening the relationship between Canada and the U.S. The statement touches on some issues pertaining to the trucking industry, namely the quick completion of the Gordie Howe International Bridge in Detroit, which is cited as a vital economic link between the two countries. In addition, it commits to implementing pre-clearance operations for cargo.
CTA releases joint statement ahead of Trump, Trudeau meeting
TORONTO, ON - The Canadian Trucking Alliance released a joint statement this morning addressing principles on how the world's biggest security, trade and cultural relationship should be managed -- just as U.S. President Donald Trump and Prime Minister Justin Trudeau were meeting for the first time.
What does Trump mean to us?
Well, we're a couple of tumultuous weeks into the new Trump administration south of the 49th, and it would seem chaos prevails. At least for the moment. With the new President having promised, implicitly and otherwise, something of a war on regulatory controls, some issues with an impact on trucking are up in the air.
Trump vows “America first” approach to trade
WASHINGTON, DC - Canada's largest trading partner has inaugurated a president who pledges "America first" policies on everything from trade to security. "From this day forward, it's going to be only America first. America first. Every decision on trade, on taxes, on immigration, on foreign affairs will be made to benefit American workers and American families," U.S. President Donald Trump said in his inaugural address on Friday. "We must protect our borders from the ravages of other countries making our products, stealing our companies and destroying our jobs."We will bring back our jobs. We will bring back our borders. We will bring back our wealth and we will bring back our dreams," he added.
Will new U.S. administration scuttle GHG rules?
WASHINGTON, DC -- As the final days of the Obama administration tick away, those opposed to some of the president's environmental initiatives are looking at ways to undermine the intent of the rules, or even to strike them from the books. With Republicans in charge of the House, the Senate and the White House, you could say the stars are uniquely aligned for just this sort of action. President-elect Donald Trump has already made it clear that he opposes and intends to undo some of those rules. Could Phase 2 of the Greenhouse Gas rules be on that list? "This has big potential for those who would like to strike any carbon regulation or fuel efficiency standards from the trucking industry," said American Trucking Associations vice president, energy and environmental counsel Glen Kedzie, in remarks he made during a GHG Phase 2 webinar hosted by ATA's Technology and Maintenance Council on January 5. Kedzie suggested there are three options open to the new administration: a legal challenge, an executive order from the president, or working through the Congressional Review Act to roll back the rule.