Trucking companies are halting shipments, mulling layoffs and scrambling for new routes as tariffs wreak havoc on cross-border trade.
The lead-up to U.S. President Donald Trump’s sweeping 25 percent tariff on Canadian imports as well as retaliatory duties from Canada that took effect Tuesday prompted a surge in deliveries over the past two months as shippers raced to beat the deadline.
Eassons Transport Group CEO Trevor Bent says his trucking company is already facing a big lull in shipments for everything from seafood to potatoes, with many orders on pause.
The Nova Scotia-based outfit, which draws nearly 20 percent of its sales from U.S. distributors and retailers, says layoffs are likely if business continues to stall….