Canada’s trucking industry is on a boom and has gradually turned into being a crucial pillar of the Canadian economy. Yes, it’s the transport industry focused on trucking sector that’s on a boom. Especially, in terms of the number of benefits for the people, contributions to Canada’s GDP & a vast contribution to the job sector in Canada. It’s never been as easy as Canada has achieved all this after a series of challenges in the trucking industry. Obviously, its a sector that has improved a huge percentage. The trucks are responsible for all major supply chains in Canada and these includes fuel, equipment, food & medical supplies. Also, includes waste management & many more.
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Being a crucial pillar & a contributor to the economy was never been so relaxing. Primarily, as Canada is a country that is vast in terms of area and there are a total of ten provinces & three territories in Canada.
THE TRUCKING INDUSTRY IS MASSIVE:
It’s a massive industry that makes a huge part of the economy of Canada. We are in the year 2022 and things have been changing constantly. Hence, at a predictable rate even though 2019, 2020, & 2021 are the pandemic years. This is prior to the pandemic, i.e. in 2018 when the industry generated 39.75 billion Canadian dollars, i.e. almost close to 40 Billion Canadian dollars. These are massive figures looking at the nature of the industry which in Canada is totally different.
This is a role which is huge domestically, i.e. within the Canadian borders. Hence, there is also a role the trucking sector plays with their closest neighbour. As a matter of fact, speaking in terms of the statistics the Canada-American trade relationship is the second largest in terms of all global trades. Interestingly on top of this, 61.6% of trade is handled via trucking sector. According to real stats from Transport Canada which claims that 32,000 trucks across the Canadian-US border are operational everyday, while carrying an estimated $1.2 billion in goods. Canada-US border is the largest border in the world in terms of area. Further, there are a huge number of trucks that are moving every day from Canada to USA & vice-versa.
AN INDUSTRY THAT IS NOW A BIG EMPLOYER:
Trucking industry is in the list of being one of Canada’s biggest employers. Yes, it’s true according to the statistics. Hence, as Canada’s trucking industry has transformed itself to be one of Canada’s biggest employer since the last decade. According to estimates which are based on internet-based results. The trucking industry employs at least 35,000 truck drivers that accounts for almost 2.5% of the entire Canada’s workforce. Practically speaking, it doesn’t look to be that huge numbers. However, the numbers are big in terms of the growth rate. Hence, as well as the wanted nature of the trucking industry since the online shopping trends are growing in almost all the Canadian provinces.
Naturally, the love for the industry in Canada has grown not only in terms of workers applying for work. But, also for people who want to invest in the transport sector in Canada are eyeing more confidently towards the trucking sector. A new analysis of HR Canada regards to the trucking sector claims that 17,350 new truck drivers will be employed in the industry until 2025. Amazing stats in terms of the number of people as stats speaks volumes for itself. The interesting part is the diversification as more young people and women are employed as truck drivers. Thus, reducing the number of old drivers that are heading closer to retirement. An industry that is King in the transport sector in Canada needs a bit of focus to be more groomed and far more effective.
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AN INDUSTRY THAT IS GETTING MORE INNOVATIVE:
The trucking industry is getting acquainted with more innovative technologies similar to other industries in Canada. The reason is the requirement level that is no more the same it used to be decades ago. Vitally, due to the fact that the industry demands more safety. As well as more control & more quality assurance. The industry is surprisingly preparing itself well in advance for connected vehicles, i.e. CV. Lastly, the automated vehicles, i.e. AV.
The industry at the same time is becoming environmentally friendly by having less reliance on petroleum. There are other various alternatives that are being tested and considered that includes bio diesel & electricity. Also, includes hydrogen cell, ethanol, propane and compressed and liquified natural gas. As part of being environmentally friendly electric trucks are being used commonly as a test that has given good dividends. Especially, in the province of British Columbia, it has been used to the highest level. Amazingly, have shown results that are quiet outstanding.
Innovation is a high-level demand of the trucking sector apart from other many quality assurance criterion. The trucking industry in Canada is meeting most of the demands. Yes, that also with good effects & standards of industry. However, there is always a room for improvement.