Business Management SO WE’RE IN RECESSION. OR ARE WE? August 4, 2015 Lots of mixed messages out there about the state of the Canadian economy. It has been underwhelming, to be sure, with five consecutive months of negative GDP growth to start…
Business Management VEDDER STILL BUYING LNG TRUCKS August 4, 2015 Westport has stopped producing its 15-litre liquefied natural gas trucks, but that doesn’t mean Vedder Transport has stopped buying them. Vedder was pleased last week to take Bison’s 15 LNG…
Business Management DTNA working with Zonar on next-generation telematics offerings July 29, 2015 YOUNTVILLE, Calif. — Having recently taken a minority ownership stake in tech company Zonar, Daimler Trucks North America (DTNA) is already making the most of that arrangement and transferring to…
Business Management Dealers, customers benefiting from DTNA’s Elite Support program July 28, 2015 YOUNTVILLE, Calif. — It takes more than investments in bricks in mortar to expand the capacity and maximize the efficiency of a dealer network. Investments must also be made into…
Business Management US truck freight to grow 29% over next 11 years: ATA July 27, 2015 WASHINGTON, D.C. — The long-term outlook for trucking in the US is rosy, with freight volumes projected to increase nearly 29% over the next 11 years. That’s according to a…
Business Management Pain in Alberta, no gain in Ontario behind TransForce’s lowered expectations July 24, 2015 MONTREAL, Que. — The anticipated benefit of a weak Canadian dollar – a boost to manufacturing in Ontario and Quebec – has yet to materialize, causing TransForce this week to…
Business Management TransForce reduces earnings outlook on economic weakness July 23, 2015 MONTREAL, Que. — TransForce grew Q2 revenue and profits thanks to last year’s acquisitions, but has revised downwards its anticipated full-year results on softer than expected economic conditions. Revenue excluding…
Business Management Trucking/logistics Mullen Group’s “favourite area of focus” for investments July 23, 2015 OKOTOKS, Alta. — Any near-term growth from Mullen Group is likely to occur on the trucking/logistics side of its business, at least until oil prices stabilize. Murray K. Mullen, chairman…
Business Management Mullen Group sees Q2 net income drop 96.5% July 22, 2015 OKOTOKS, Alta. — Mullen Group reported its second quarter earnings Tuesday and they reflected the woeful state of Canada’s oil and gas industry. Revenue in the oilfield services division was…
Business Management US truck tonnage soft in June on elevated inventory-to-sales ratios July 21, 2015 WASHINGTON, D.C. — US for-hire truck tonnage slid 0.5% in June, following a revised gain of 0.8% in May, according to the latest data from the American Trucking Associations. The…
NEWFOUNDLAND CAR CARRIER DEVELOPS WIN-WIN HYBRID PAY STRUCTURE preview image Business Management NEWFOUNDLAND CAR CARRIER DEVELOPS WIN-WIN HYBRID PAY STRUCTURE July 21, 2015 I recently had a nice chat with Gerry Dowden, president of East Can Transport Services, a Newfoundland-based trucking company that delivers automobiles. We were talking about the industry’s predominantly mileage-based…
THEY ARE THE CHAMPIONS preview image Business Management THEY ARE THE CHAMPIONS July 21, 2015 On Saturday, July 11 I spent the day at the London Flying J for the Ontario Professional Truck Driving Championships. I won’t go into too much detail here, because I’ve…
Business Management IS THE EXCHANGE RATE MAKING NEW TRUCKS UNAFFORDABLE? July 21, 2015 The Loonie’s wings have been clipped and it’s making new equipment purchases extremely painful. The Canadian dollar, as I write this, is worth about 77 cents compared to the US…
Business Management Navistar helps launch University of Michigan’s MCity test site for connected vehicles July 21, 2015 ANN ARBOR, Mich. — Navistar International is one of several founding partners that yesterday launched the University of Michigan’s new MCity test site for connected and autonomous vehicles. MCity is…
Business Management No surprises in June’s truck order numbers: ACT Research July 21, 2015 COLUMBUS, Ind. — Class 8 net orders came in at just under 20,300 units in June, while Classes 5-7 orders totaled 15,500 units, according to the latest data from ACT…
