Titanium closes 2020 with record quarterly, full-year results preview image Business Management Titanium closes 2020 with record quarterly, full-year results March 10, 2021 Titanium Transportation Group weathered a tumultuous 2020, ending the fiscal year with record fourth quarter and full-year results. “Record fourth quarter results marked a strong finish to an extraordinary year…
Mullen Group signs letter of intent to acquire APPS Transport preview image Business Management Mullen Group signs letter of intent to acquire APPS Transport March 8, 2021 Mullen Group has announced it has reached an agreement to acquire APPS Transport Group, including APPS Cartage and APPS Cargo Terminals. APPS had reached an agreement last year to sell…
Trucking conditions close to the ‘best ever’: FTR preview image Business Management Trucking conditions close to the ‘best ever’: FTR March 8, 2021 FTR’s Trucking Conditions Index (TCI) surged to a 10.37 reading in January, reflecting stronger freight rates and volumes that more than offset higher fuel costs. The index was up from…
Women of trucking are still a rarity in Canada preview image Business Management Women of trucking are still a rarity in Canada March 5, 2021 Shannon Holicza is a rarity. Her path to the driver’s seat sounds familiar on the surface. Like many others in the trucking industry, she came from a family of truck…
Controlling driver turnover begins with the hiring process preview image Business Management Controlling driver turnover begins with the hiring process March 5, 2021 A trucking company can generally trace its success or struggles with driver retention right back to the hiring process. “Right off the hop, I look at their work history,” Mike…
Carriers could achieve record profits this year: ACT Research preview image Business Management Carriers could achieve record profits this year: ACT Research March 5, 2021 Carrier profitability in the U.S. is expected to reach record levels this year, as the freight-generating sectors of the economy are the strongest, according to the Commercial Vehicle Dealer Digest…
Can unpaid carriers sell a shipper’s load? preview image Business Management Can unpaid carriers sell a shipper’s load? March 3, 2021 Selling a load of cargo can seem like an option when a shipper doesn’t pay its bill, but the process is not always as straightforward as it might appear. Imagine…
Fleets continue ordering trucks at ‘near-record levels’ preview image Business Management Fleets continue ordering trucks at ‘near-record levels’ March 3, 2021 Class 8 truck orders remained strong in February, with an impressive 44,000 units booked according to preliminary data from FTR. That was up 3% from January and 209% year-over-year, and…
Alberta carriers struggling with skyrocketing insurance rates preview image Business Management Alberta carriers struggling with skyrocketing insurance rates March 2, 2021 Insurance premiums have increased exponentially over the past decade for Alberta fleets, impacting the bottom lines and hiring practices for carriers. Whether large or small, carriers across the province have…
Understanding Canada’s truck driver shortage preview image Business Management Understanding Canada’s truck driver shortage March 1, 2021 Is there a shortage of truck drivers in Canada? This question often sparks a heated debate – and more questions. Is the labor market so tight right now that there…
XTL Group to open new warehouse in Delta preview image Business Management XTL Group to open new warehouse in Delta February 26, 2021 The XTL Group is opening a new 111,000 sq.-ft. warehouse and distribution center in Delta, B.C. The new facility will open March 1, and is minutes from the South Fraser…
Business optimism returning in Canada preview image Business Management Business optimism returning in Canada February 25, 2021 Business sentiment is improving and the prospects for trucking are positive, according to new economic reports from The Conference Board of Canada and BMO. “Freight demand is up, with understandable…
‘Fleet first’ NACV Show to return to Atlanta in September preview image Business Management ‘Fleet first’ NACV Show to return to Atlanta in September February 25, 2021 The North American Commercial Vehicle (NACV) Show will be held Sept. 28-30 in Atlanta, featuring emerging technologies and offering improved value for attending fleets and exhibitors. Education sessions will cover…
Andlauer Healthcare Group to purchase Skelton Truck Lines preview image Business Management Andlauer Healthcare Group to purchase Skelton Truck Lines February 24, 2021 Andlauer Healthcare Group (AHG) has agreed to purchase Skelton Truck Lines’ Canadian operations, and 49% of its U.S. business for approximately $114.7 million. AHG has the option to acquire the…
Truck tonnage gets 1.4% bump in January preview image Business Management Truck tonnage gets 1.4% bump in January February 23, 2021 U.S. for-hire truck tonnage rose 1.4% in January, according to the latest data from the American Trucking Associations (ATA). “Over the last four months, the tonnage index has increased a…