Reports: Canadian Transportation Industries Show Signs of Growth

According to reports from transportation-industry experts in Canada, the nation’s shipping companies are showing signs of growth after years of stagnation due to the global economic recession. Unfortunately, while the train and air transportation industries are seeing double-digit levels of growth, trucking continues to be up and down across 2010.

The truck-factoring experts of TBS Factoring know what it takes to provide the best service to trucking professionals. To discuss your fleet's financial needs with us in detail, please contact us today by calling 1-800-207-7661.

Sustained Growth Ahead?

According to industry experts, the transportation field is showing signs of sustained growth for the first time since the recession began over two years ago. Because shipping is so tied to production, it is particularly susceptible to market fluctuations.

Canadian rail transportation grew 13% in the last quarter, and is currently sitting just 5% behind pre-recession levels. Metals, coal, and chemicals continue to be the backbone of train shipping.

Unfortunately, trucking continues to struggle to regain its footing, as it has across all of the NAFTA countries. Mexico and the United States continue to struggle with expanding and contracting quarters as production needs continue to fluctuate.

Contact Us

At TBS Factoring Service, LLC, we understand the unique pressures faced by those in the trucking industry. Our truck-factoring experts are dedicated to providing the very best support and factoring service possible, ensuring that you and your crew get the job done on time. To take steps toward getting cash in your pocket for unpaid invoices, please contact us today by calling 1-800-207-7661.