Freight Market Rebounds as US-Canada Tariffs Spark Cross-Border Trade Crisis | Morning Minute
Trucking Credit Recovery: BMO’s quarterly earnings show dramatic drops in distress metrics, with credit loss provisions plunging to $15 million and gross impaired loans crashing to $440 million. https://www.freightwaves.com/news/likely-bmo-swan-song-shows-trucking-credit-strengthening US-Canada Tariff Escalation: The US hits Canadian goods with 50% tariffs after negotiations stall, prompting Canada to prepare retaliatory tariffs starting September 8 https://www.freightwaves.com/news/us-canada-supply-chains-face-uncertainty-as-trade-talks-collapse Descartes Systems Group announced it has…
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