Shippers experiencing toughest conditions on record: FTR preview image Business Management Shippers experiencing toughest conditions on record: FTR May 24, 2021 Conditions for U.S. shippers are the worst they’ve been since FTR began tracking them via its Shippers Conditions Index. A record-low reading of -17.8 reflects deteriorating conditions in all metrics…
Jon Morrison joins Phillips Connect as strategic executive preview image Business Management Jon Morrison joins Phillips Connect as strategic executive May 18, 2021 Former Wabco Americas president Jon Morrison has joined Phillips Connect as a strategic executive. Morrison currently runs J&M Strategic Insights and will bring insights into electronic vehicle control, electrification, telematics,…
U.S. truck tonnage shrinks in April, but outlook is strong preview image Business Management U.S. truck tonnage shrinks in April, but outlook is strong May 18, 2021 U.S. for-hire truck tonnage decreased 0.3% in April, according to the latest data from the American Trucking Associations (ATA). However, tonnage was up 6.9% year-over-year, reflecting the early softening of…
Carriers enjoying ‘strongest freight market ever’: ACT Research preview image Business Management Carriers enjoying ‘strongest freight market ever’: ACT Research May 13, 2021 Carriers are enjoying the strongest freight market ever, and there’s no quick solution to the supply chain issues that are keeping them from adding to their fleets. That’s the assessment…
U.S. economy back on track, but labor market, inflation are concerns preview image Business Management U.S. economy back on track, but labor market, inflation are concerns May 13, 2021 The U.S. economy will grow at about 9.3% this quarter, then growth will decelerate but still post a strong 6.3% GDP gain on the full year. That’s the most recent…
Titanium posts record Q1 revenue preview image Business Management Titanium posts record Q1 revenue May 12, 2021 Titanium Transportation reported record first quarter revenue of $85.7 million, a year-over-year increase of 93.3%. “Q1 was another quarter of milestones for Titanium. We delivered record quarterly revenue, completed a…
Plan now for a healthy economic rebound preview image Business Management Plan now for a healthy economic rebound May 11, 2021 We’re all pining for post-pandemic life. As vaccine rollouts make this possible, and we fill offices, restaurants, stadiums and hotels again, Canada needs a healthy trucking and logistics industry to…
New tool to help fleets fight back against nuclear verdicts preview image Business Management New tool to help fleets fight back against nuclear verdicts May 11, 2021 A new data-based tool is being launched to help fleets fight back against sophisticated plaintiff attorneys and the nuclear verdicts they aggressively pursue. Steve Bryan, who founded Vigillo then sold…
Prepare for sticker shock in the warehouse market preview image Business Management Prepare for sticker shock in the warehouse market May 11, 2021 It’s hard to be profitable in trucking without strategically located facilities. Several large players recently told me they consider themselves to be in the real estate business, not the trucking…
Marvin Freiburger & Sons celebrates 25 years in business preview image Business Management Marvin Freiburger & Sons celebrates 25 years in business May 5, 2021 Marvin Freiburger, owner of Marvin Freiburger & Sons, a heavy-duty truck and trailer repair shop in Walkerton, Ont., is a man of many talents. He’s a technician, an engineer, a…
Marking a decade at Trucking HR Canada preview image Business Management Marking a decade at Trucking HR Canada May 4, 2021 This week marks my 10-year anniversary working in the trucking and logistics sector. Always a keener and up for a challenge, I came here ready to make a difference. Having…
TFI International closes UPS Freight deal preview image Business Management TFI International closes UPS Freight deal April 30, 2021 TFI International has closed its acquisition of UPS Freight. (Photo: iStock) The company announced the acquisition, for US$800 million, in January. About 90% of the division will operate as TForce…
Building a positive company culture preview image Business Management Building a positive company culture April 30, 2021 People stay in situations they’re comfortable in, and they leave the ones they aren’t. But when it comes to employment, is it this simple? Under normal situations, I would say…
Volvo workers back on the job preview image Business Management Volvo workers back on the job April 30, 2021 Volvo Trucks North America and the UAW have reached a tentative deal, ending a strike that began April 19. The agreement covers a five-year deal for about 2,900 employees at…
Stillwater involved in five transportation deals, anticipates more M&A activity preview image Business Management Stillwater involved in five transportation deals, anticipates more M&A activity April 28, 2021 Stillwater Capital has announced it has been involved in five transportation and logistics acquisitions over the past six months and expects frenzied M&A activity to continue. The deals include: TFI…