Cross-border trucking hit by COVID is finally back to normal, signaling the take-off of economic recovery

0
68


Content of the article continued

Data from the Canada Border Services Agency on cross-border travel shows that commercial truck traffic to Canada fell to a low of 36.6% in April. He had been limping slowly ever since.

During the week starting Aug. 17, almost the same number of commercial trucks crossed the border as in the same time period in 2019. Truck volume last week declined by less than 2%, according to the CBSA .

Young said pent-up consumer demand after months of lockdowns and restrictions, along with the surge in manufacturing and production, means demand for the movement of goods is growing rapidly.

“Canadian retailing is already above pre-pandemic levels,” Young said.

“Canadians buy and buy online, so there is a shift in the movement of goods. In general, economists were surprised at how quickly consumers returned to purchase. ”

Cross-border data paints a broad picture of the impact of the pandemic on travel, initially showing Canadian residents returning home to a safe haven from overseas travel, with a virtual disruption of international air travel and of passenger travel to the United States.

Among the travel data, the economic toll can also be seen.

In the two weeks following the shutdown, truck traffic fell to 29% from the comparable week in 2019.

The week starting April 6 saw a 36.6% drop in the number of truck drivers entering Canada compared to the same period in 2019. This was the lowest point, according to the data.

It has fallen by more than 30% for the whole month of April; down more than 20 percent all of May; and more than 10% in June.

LEAVE A REPLY

Please enter your comment!
Please enter your name here