Business Management Accuride sells Imperial Group business August 5, 2013 EVANSVILLE, Ind. -- Accuride has completed the sale of its Imperial Group truck body and chassis business, which will continue to operate independently.
Business Management More US fleets planning to order Class 8 trucks: Report August 5, 2013 COLUMBUS, Ohio -- A survey of US-based fleets indicates more are looking to order Class 8 tractors in the next three months than were looking to do so the previous quarter.
Business Management Ontario carriers feeling better about their short-term prospects August 3, 2013 TORONTO, Ont. -- The Ontario Trucking Association (OTA) used a weather analogy to characterize its latest Q3 business survey. And it’s not a bad forecast: Partly sunny with reduced chance of showers.
Business Management Net orders for July better than last year August 3, 2013 COLUMBUS, Ind. -- North American Class 8 net orders fell in July, with a preliminary count that totaled just 17,600 units, according to ACT Research.
Business Management Freight rates declined in May: Nulogx July 31, 2013 TORONTO, Ont. -- Shipping costs declined 2.7% in May compared to April, according to the latest Canadian General Freight Index.
Business Management 123Loadboard.com announces partnership with Arcline July 29, 2013 TORONTO, Ont. -- 123Loadboard.com has partnered and fully integrated with Arcline (2000) Inc.
Business Management TransForce profits slide; announces acquisition of Texas oilfield firm July 29, 2013 MONTREAL, Que. -- TransForce saw its Q2 revenue and net income slide, which it blamed on “continued weakness in rig moving activities of the energy sector.”
Business Management Mullen Group boosts capital spending July 25, 2013 OKOTOKS, Alta. -- Mullen Group’s second quarter net income rose 13% to $20.9 million this year, once adjusted for any unrealized foreign exchange gains and losses and the change in fair value of investments.
Business Management TransCore’s spot market freight index saw volumes dip in June July 23, 2013 TORONTO, Ont. -- TransCore’s Canadian Freight Index continues to fluctuate through 2013, most recently posting a 7% decline in June.
Business Management Heavyweight freight pushes US truck tonnage higher July 23, 2013 ARLINGTON, Va. -- US for-hire truck tonnage nudged up 0.1% in June, on the heels of a 2.1% increase in May, according to the latest data from the American Trucking Associations (ATA).
Business Management MTA accuses province of pulling “fast one” on province’s truckers July 18, 2013 WINNIPEG, Man. -- In a strongly worded letter to members, Manitoba Trucking Association (MTA) chief Bob Dolyniuk has warned of potential 400% fee increases that will affect some of the province’s trucking companies.
Business Management WSIB rates to hold steady in 2014 July 18, 2013 TORONTO, Ont. -- Ontario trucking firms won’t face a Workplace Safety and Insurance Board (WSIB) rate hike in 2014.
Business Management Navistar names new CFO June 27, 2013 LISLE, Ill. -- Navistar has named Walter G. Borst its new executive vice-president and chief financial officer.
Business Management Tips for selling and buying a business June 25, 2013 MISSISSAUGA, Ont. -- You’ve spent your life building your business, why not invest a little time before selling it to maximize its value? That was the advice from Doug Nix, vice-chairman of Corporate Finance Associates, who addressed a...
Business Management M&A activity slower than anticipated so far this year June 25, 2013 MISSISSAUGA, Ont. -- North American merger and acquisition activity levels have not yet met expectations in 2013, but conditions are ripe for an increase in Canada, particularly in the logistics sector.