TORONTO, Ont. -- Ontario carriers remain optimistic, but they do have concerns weighing on their minds, according to the latest Ontario Trucking Association (OTA) Business e-Pulse Survey.
The Q2 survey found that 72% of the 65 carriers that responded were 'optimistic' about the trucking industry's overall prospects over the next three months, down from 75% in the Q1 survey. The OTA said rising fuel prices and concerns about the impact of the earthquake and tsunami in Japan may have caused the slight decline. Only 7% of carriers said they were 'pessimistic' about where the industry is headed and 21% said they were unsure.
Fifty-eight per cent of respondents said freight volumes have increased compared to a year ago. Intra-Ontario freight seems to be picking up, with 53% reporting an increase, up 20% compared to the last survey. Inter-provincial freight has improved for 60% of responding carriers, a 24% improvement over the last survey.
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The Q2 survey found that 72% of the 65 carriers that responded were 'optimistic' about the trucking industry's overall prospects over the next three months, down from 75% in the Q1 survey. The OTA said rising fuel prices and concerns about the impact of the earthquake and tsunami in Japan may have caused the slight decline. Only 7% of carriers said they were 'pessimistic' about where the industry is headed and 21% said they were unsure.
Fifty-eight per cent of respondents said freight volumes have increased compared to a year ago. Intra-Ontario freight seems to be picking up, with 53% reporting an increase, up 20% compared to the last survey. Inter-provincial freight has improved for 60% of responding carriers, a 24% improvement over the last survey.
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