Business Management

GE Capital survey of Canadian trucking CFOs reflects optimism

MISSISSAUGA, Ont. -- A recent survey of Canadian trucking chief financial officers (CFOs) indicates they are mostly positive about the overall health of the trucking industry.

COMPETITION WATCH: Trimac lands major contract to haul limestone

FORT MCMURRAY, Alta. -- Trimac Transportation has inked a deal to transport a “significant volume” of limestone aggregate for Hammerstone Corp. in Fort McMurray, Alta.

COMPETITION WATCH: Trimac to acquire Liquid Cargo Lines

MISSISSAUGA, Ont. -- Trimac has announced its intention to purchase Ontario-based Liquid Cargo Lines (LCL).

Ottawa could move to force CP Rail strikers back to work as early as Monday

OTTAWA, Ont. --  Talks between Canadian Pacific Railway Ltd and its striking locomotive engineers and conductors failed to reach a deal this weekend and the Harper government may move to introduce back-to-work legislation as early as...

Ontario trucking companies optimistic about next quarter: OTA survey

TORONTO, Ont. -- The majority of trucking companies in Ontario remain optimistic about their prospects for the next three months despite negative freight volume prospects, according to the second quarter business expectations survey conducted...

TransCore’s Canadian Freight Index dips slightly in April

TORONTO, Ont -- TransCore’s spot market Canadian freight index saw a three percent decline in April, down from a high mark set in March 2012, but remains well above recessionary levels. Year-over-year volumes were down 11% from the record...

TransCore reports record spot market freight volumes available in April

PORTLAND, Ore. -- TransCore’s North American Freight Index indicated a record volume of spot market freight was available in April.

COMPETITION WATCH: Acquisition opportunities abundant, Contrans’ Dunford says

WOODSTOCK, Ont. -- Contrans says its acquisition-driven growth strategy is paying off and more opportunities exist to expand and diversify.

FTR Shippers Conditions Index steadies in March

NASHVILLE, IN -- FTR Associates’ Shippers Conditions Index (SCI) for US shippers in March did not show much change from the previous month.

NationaLease names new president

OAKBROOK TERRRACE, Ill. -- NationaLease has named Dean Vicha its new president.

Trucktax launches new bookkeeping software for truckers

TORONTO, Ont. -- Trucktax has introduced TruckersBooks, a bookkeeping management spreadsheet software customized for truckers. The software is designed to help truckers manage their bookkeeping information and source documents, as well as GST...

Canadian Manufacturing Purchasing Managers Index shows encouraging results

TORONTO, Ont. -- The RBC Canadian Manufacturing Purchasing Managers Index for April has good news for those worried the economic recovery may once again be slowing.

COMPETITION WATCH: Consolidated Fastfrate to build new Regina cross-dock facility

REGINA, Sask. -- Consolidated Fastfrate (CFF) has announced plans to move into Regina’s Global Transportation Hub with a 10,000 sq.-ft. cross-dock facility.

Index shows Canadian rates increased for 12th straight month

TORONTO, Ont. -- The Canadian General Freight Index (CGFI) indicated the cost of ground transportation for Canadian shippers rose 0.8% in February, when compared to January.

Swift’s Jerry Moyes kicks off Truck World with keynote address

TORONTO, Ont. -- Higher insurance deductibles, more road taxes and no increase to maximum gross vehicle weights in the US. Which trucking contrarian has these among his wish list?