Business Management

Industry analysts see value in TransForce’s proposed takeover of Vitran

TORONTO, Ont. -- Industry analysts seem to agree that TransForce’s offer to buy Vitran’s Canadian operations for US$4.50 per share would be a good deal for Canada’s largest LTL carrier.

TransForce makes bid for Vitran’s Canadian operations

MONTREAL, Que. -- TransForce has made a bid for Vitran, proposing a takeover at $4.50 per share.

US truck tonnage robust, but load volumes relatively flat: ATA

ARLINGTON, Va. -- US for-hire truck tonnage spiked 1.4% in August, on the heels of a 0.6% decline in July.

Vitran to sell US LTL business

TORONTO, Ont. -- Vitran announced today that it will sell its US LTL business, and will now focus on strengthening its Canadian operations.

Mack adds seven new Canadian leasing locations

GREENSBORO, N.C. -- Mack has added 11 new leasing locations to its network, including seven in Canada.

US trucking conditions strengthening: FTR

BLOOMINGTON, Ind. -- Trucking conditions in the US continue to strengthen, according to the latest Trucking Conditions Index from FTR.

What should you expect in 2014? Find out at the Surface Transportation Summit

MISSISSAUGA, Ont. -- Economic experts are calling 2010 – 2020 the Low Growth Decade.  Chronically high unemployment in the United States, slowing growth in a number of other countries, an aging infrastructure and a lack of business...

Canadian ground rates decline in June: CGFI

TORONTO, Ont. -- Ground transportation rates continue to decline, according to the Canadian General Freight Index.

Mergers and Acquisitions in Transportation: How big are the opportunities?

MISSISSAUGA, Ont. -- Mergers and Acquisitions activity is expected to intensify in the transportation sector over the next several years. 

US truck tonnage takes small step back in July

ARLINGTON, Va. -- US for-hire truck tonnage dipped 0.4% in July, marking the first decline since April.

Class 8 orders slow in July; trucker profitability climbs

COLUMBUS, Ind. -- Class 8 orders declined to less than 17,600 units in July, down 7% compared to June and in line with expectations, according to the latest report from ACT Research.

N.A. spot market freight index shows unusual growth in July

PORTLAND, Ore. -- The latest DAT North American Freight Index saw spot market freight volumes rise 0.5% in July, marking the first time since the index was established in 1996 that July posted stronger volumes than June.

Trucking conditions continue to improve: FTR

BLOOMINGTON, Ind. -- FTR has revised its Trucking Conditions Index to show increasingly favourable conditions for the trucking industry.

Transportation Sales: Can you adapt to the New Normal?

MISSISSAUGA, Ont. -- The sales process in Freight Transportation has undergone major changes over the last decade. The economics of having a street sales team is being called into question when you consider the compensation, incentives, office...

Meritor names Ivor Evans chairman, CEO

TROY, Mich. -- Meritor has announced Ivor J. Evans has been named its chairman of the board, CEO and president, effective immediately.