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OTA Takes Snapshot of Ontario Fleets with Online Quarterly Business Conditions Survey

(July 15, 2008) – Starting this month the Ontario Trucking Association will check the industry’s pulse using a helpful new tool -- a quarterly online business conditions survey. OTA carrier members will be invited to participate in the survey (designed to take less than 5 minutes to complete) every quarter to provide OTA with the latest snapshot of the industry’s economic conditions. The survey results will be compiled in aggregate form and made available to OTA members. OTA will use the data when commenting on the industry’s economic conditions to the media and governments.

Fleets will be asked to provide information on intra and interprovincial rates and volumes, north and south bound indications for the same industry conditions, so as to gauge industry trends in receivables, fuel and accessorial charges, as well as capital acquisition and labour trends. Carriers will not be asked to provide operational figures -- just to provide anecdotal comment on the last three months of business activity and projections for the period ahead.

"OTA’s role is to interpret what is happening in the industry. Whether it is through vehicles like the Purchasing Managers Survey or the recent gyrations in the stock markets, we see that it is sentiment and directional trends that really drive things. This business conditions survey will assist OTA in providing the latest information on the economic health of the trucking industry and provide added value to dues paying members", said OTA President David Bradley

The survey will be conducted in July, October, January and April of each year.

Participate in the Survey:  OTA members may access the survey by following this link: http://www.ontruck.org/members/survey   Members will be required to enter their personal password and login used to access OTA ’members only’ information on the web.

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The Ontario Trucking Association (OTA) is a business association representing motor carriers operating into, out of and within Ontario. The trucking industry is one of Ontario’s largest employers. Trucks haul 90% of all consumer products and foodstuffs produced and consumed in the province and 80% of Ontario’s trade with the United States. Founded in 1926, the association’s membership comprises trucking companies of all sizes, shipping all types of commodities, from all regions of North America. OTA is a member of the Canadian Trucking Alliance.

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