Business Management

‘Less than nuclear’ verdicts hemorrhage trucking industry

The American Transportation Research Industry (ATRI) released its study of “less than nuclear” verdicts and claims on Nov. 18. The result provides insights as to the evaluation of these…

More loads, fewer trucks available in Canada’s spot market in October

It was the best October on record for Canadian spot market truckload volumes, according to the latest data from Loadlink Technologies. Loadlink reported an increase in load availability for a…

U.S. vaccine mandate could have “disastrous” effect on capacity: TCA

The U.S. vaccine mandate, if it goes through as proposed, would be a “game changer” with a “disastrous” effect on trucking capacity. That was the message David Heller, vice-president –…

What we can learn from trucking’s Top 10 concerns

Driver availability comprises six of the top eight issues – driver shortage (1), driver retention (2), driver compensation (3) (see a trend here?), truck parking (5), detention/delay (7), and infrastructure/congestion…

Trailer orders slump in October as OEMs remain cautious in taking orders

Trailer orders fell 40% in October, and were down 70% year over year, according to preliminary data from ACT Research. The industry forecaster says trailer manufacturers continue to be slow…

Frustrations mount as fleets struggle to procure new iron

It was supposed to be a good year for Ennismore, Ont.-based arborist Treescape Canada. Owner Mike Crough made a major investment in a $600,000 Mack TerraPro with a Palfinger 35-ton…

Standalone Daimler Truck business gives corporate update as it prepares for public listing

As a standalone Daimler Truck business readies to go public Dec. 10, the company gave analysts an update on the overhauled organization Nov. 11. A key component of the plan…

Titanium achieves record revenue, but inflation weighs on profit

Titanium Transportation achieved record revenue in the third quarter, but inflationary pressures and integration costs associated with its acquisition of ITS weighed on profit. The company reported record revenue for…

18 Wheels adds environmentally friendly warehousing space

18 Wheels Warehousing and Trucking is adding 178,00 sq.-ft. of environmentally friendly warehousing in Surrey, B.C. The addition brings its total warehousing space to more than 1 million sq.-ft., which…

Insure against ‘limitless liability’ when sub-brokering loads

Most truck carriers know they are generally required to have sufficient insurance to cover the value of cargo they haul. In practice, this can be difficult because carriers do not…

Bell offers new supply chain dashboard

Bell Business Markets has launched a new service for fleets and supply chain operators, dubbed Smart Supply Chain. The new platform aggregates multiple IoT data sources and operational data sets…

TFI soars to record revenues, despite challenges getting trucks and drivers

TFI International saw revenue and profits surge in a record third quarter, as it began to see benefits from its major acquisition of UPS Freight. Net income grew 60% to…

Why trucking should pay attention to CN’s activist shareholder battle

TCI Fund Management, the activist investor looking to shake up CN Rail, has issued a strategic plan that takes aim at trucking – despite operating the second largest fleet in…

Acquisitions drive Mullen Group to record quarterly revenue

Mullen Group achieved its best ever quarterly revenue in the third quarter, bolstered by recent acquisitions. “Very pleased to report that we have achieved record revenues for the quarter, in…

Driver shortage remains industry’s top concern: ATRI

The driver shortage once again emerged as the trucking industry’s top concern, based on an annual compilation by the American Transportation Research Institute (ATRI). This is the fifth straight year…