Business Management

TFI International posts strong Q1, prepares to close UPS Freight deal

TFI International’s blockbuster acquisition of UPS Freight couldn’t have been timed better. The division achieved record Q1 earnings, with UPS’s Supply Chain and Freight Group more than doubling profits. But…

Mullen Group CEO expects strong economic recovery post-Covid

The writing is on the wall that once Canada gets the Covid-19 vaccine rolled out, that the economy will rebound strongly. That’s the view of Mullen Group CEO Murray Mullen,…

Canada’s spot market load volumes neared three-year high in March

Canadian spot market load volumes neared a three-year high in March, reaching levels not seen since June 2018 and completing a quarter that bettered Q4 and Q1 of 2020. Loadlink…

Benchmarking data shows opportunities to reduce breakdown costs

Truckload fleets that run the average miles between breakdowns stand to increase miles between breakdowns by 55% by becoming best in class. That’s according to benchmarking data from the Technology…

Shippers facing toughest conditions of pandemic

Shippers in the U.S. faced their toughest conditions of the pandemic in February, according to FTR’s Shippers Conditions Index (SCI). The index dropped two points from January to -11.8, due…

Agropur to outsource milk hauling in Quebec, Nova Scotia

Agropur Cooperative has announced plans to sell its bulk milk hauling operations in Quebec to companies whose core business is transporting liquid food products. It will also discontinue its milk…

Mullen Group buys Bandstra Transportation Systems

Mullen Group has announced it has acquired the Bandstra Group of Companies, including Bandstra Transportation Systems and Babine Truck & Equipment. The deal closed April 16, and adds 180 power…

Canadian truck fleets record $7.9 billion in 2019 profits

Canada had just over 134,000 for-hire trucking companies on the road in 2019, realizing a collective operating profit of $7.9 billion. The findings emerge in Statistics Canada’s for-hire trucking survey,…

Ontario owner-operators face insurance disadvantage, broker says

Owner-operators may face an unfair disadvantage when it comes to securing commercial auto insurance, an Ontario broker suggests. In Ontario, individual truck drivers who decide to start their own trucking…

Trucking conditions near all-time high: FTR

Trucking conditions in the U.S. improved further in February, with FTR’s Trucking Conditions Index ticking up from 10.37 in January to 11.23. That made February the best month for truckers…

Triage processes keep truck maintenance on the move

Military medicine introduced the world to the idea of triage. The process of sorting the wounded — and identifying those needing urgent care – actually dates back to the days…

Fight the inside jobs of cargo theft

My first experience with cargo theft was one summer during university. I was working the graveyard shift on a loading dock and noticed a co-worker putting boxes of new appliances…

Business environment for heavy-duty trucks has never been better: ACT

ACT Research reports the business environment for heavy-duty trucks “is about as good as any we have seen in 35 years of monitoring heavy-duty market conditions.” The list of things…

Maxim Truck & Trailer turns 40

Forty years ago today, 27-year-old Doug Harvey purchased what was dubbed “the losingest’ International Harvester dealership in Canada. The Winnipeg dealer had racked up losses of $250,000 a year for…

Groupe Morneau drops Eskimo from branding

Groupe Morneau says it will change the name of its Morneau Eskimo division. “Groupe Morneau always promoted values of respect at all levels. In order to reflect this value to…