The North American Free Trade Agreement (NAFTA), came into effect on January 1, 1994, creating the largest free trade region in the world. It was designed to generate economic growth and help raise the standard of living for the people of all three member countries. “By any measure the NAFTA has been a success by […]
Canada Needs to Prepare for Negotiations on NAFTA
This is the sixth and final blog in this series on surface freight transportation within Canada and between Canada and the United States. In this blog I will focus on tips for carriers to help achieve success in the Canadian freight market. Is the Canadian Freight Market Worth the Investment? As outlined in the first […]
Understanding the Canadian Freight Market – Part 2 – Canada is America’s Top Trading Partner
8 years ago
In my last blog, I provided an overview of Canada’s economy and demographics. In this blog, I will outline the importance of trade to Canada, and the United States, and then touch on some of the key variables that facilitate the trading process. Canada has been a major trading nation for many years. Well before […]
Some KPIs to Monitor the Transportation Industry
9 years ago
There are a host of economic indicators that provide economists, academics and transportation professionals with insights into how the general economy is performing. Data on gross domestic product, imports, exports, housing starts, stock market trends, consumer confidence and unemployment levels are barometers of the level of economic activity in a particular country. These indicators, while […]
The Shadow of the Economic Crisis Lingers in Canada
10 years ago
In President Obama’s State of the Union message that he delivered to a joint session of congress on Tuesday, January 20, he stated that the “shadow of the (economic) crisis has passed” in the United States. The very next day, the Governor of the Bank of Canada dropped interest rates by 0.25 percent “to stave […]
This past year was a tumultuous and transformative year in Freight Transportation. What is in store for us in 2015? Here are some trends to watch. 1. Dimensional LTL Pricing The National Motor Freight Classification (NMFC) system, developed during the Great Depression by the National Motor Freight Traffic Association, classifies goods based on four elements—density, […]
The North American Free Trade Agreement (NAFTA) is celebrating its 20th anniversary in 2014. Since the enactment of NAFTA in 1994, trade between the United States, Canada and Mexico has increased almost 200 percent to an estimated $930 billion. The cross-border flow of goods between the U.S. and Canada has grown to $400 billion. A […]
Over the past two months Stephen Harper has presented a clear and compelling vision of where he wishes to take Canada during his tenure as Prime Minister. First there was the border Security and Trade Agreement with the United States that he and President Obama announced to the world in December. He followed this announcement […]