6 Facts You Did Not Know About the Trucking Industry in Canada
Canada is one of the
steadiest countries in the world that provides quality health care, an amazing
education system, proper access to almost everything needed in our daily lives,
and a secure environment. Most of these things are possible thanks to the amazing
trucking industry of Canada. The economic strength relies a lot on sustainable
transportation. Even if it is by moving a huge payload to Canada or to a
different country, the trucking industry of Canada is considered by many as the
most reliable.
6 Facts You Did Not Know About the Canadian Trucking Industry
1. $65 Billion
Thanks to the
US-Canada border, trucking companies in Canada have managed to import and
export high numbers of goods into and out of the country. According to reports,
the trucking industry of Canada is worth over $65 Billion.
2. Public and Private Sectors
The trucking industry
is responsible for moving 69.5 percent of goods all over the world. With these
numbers in mind, private and government-owned companies have used the current
need for their benefit. The amazing trucking industry of Canada is responsible
for bringing goods, vehicles, equipment, machinery, oil, water, and countless
things in and out of the country.
3. Worth of The Industry
In 2012, official
numbers stated that 90 percent of all consumer products and foodstuffs were
shipped by the trucking industry in almost every corner of Canada. Not only
that, Canada is the largest trading partner of the United States of America.
4. Revenue
As we mentioned
above, the trucking industry is responsible for generating over $65 billion
each year. Those numbers are constantly rising, and in 5 to 10 years, those
numbers are expected to pass the 100 billion mark. Private companies are
opening each day and, if you want to open yours, contact Pioneer Financial
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5. US-Canada Ties
The trucking industry
plays a huge role in US-Canada trade ties. According to official numbers,
nearly two-thirds of the trades between the 2 countries are moved by truck.
This includes over 80 percent of all US exports to Canada.
6. Jobs for Millions of People
Thousands of trucking
companies are currently open in Canada right now, this also means a boost in
the economy and jobs for millions of people. Like what we mentioned above, the
numbers are projected to rise in the upcoming years, so this means more jobs
for people in the future and higher revenue.
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