Business Management

TFI upgrades outlook, unlocking more potential from TForce Freight

TFI International entered this year in the best position in the company’s history, and is only scratching the surface when it comes to unlocking the value from last year’s acquisition…

Success can be achieved in trucking, if we lift each other up

There’s one thing that we do well in the trucking industry. We promote negativity. Specifically, when someone asks a professional driver if they should become a truck driver, the reply…

TFI International off to ‘strong start’ as TForce Freight drives revenue growth

TFI International posted US$2.19 billion in Q1 revenue – a 91% year-over-year increase – while also growing net income 121% to $147.7 million. “The year is off to a strong…

CTA says latest StatsCan data paints dire labor picture

The Canadian Trucking Alliance (CTA) says recent data from Statistics Canada confirms the trucking industry is facing a demographic crisis. The new data shows Canada is facing record retirements at…

Carrier survey shows continued optimism despite rising costs

Carriers continue to be optimistic about growth in freight volumes and rates this year, despite rising costs that are squeezing profitability. That was the finding of a survey conducted by…

Drivers want input into tech decisions, to be paid for all their time

It was a record year for the Best Fleets to Drive For program with 207 fleets nominated – smashing last year’s record of 150. And with so many fleets participating,…

Canada’s spot market load volumes remain at record levels

Canadian spot market load volumes continued to surge in March but the pace of growth is slowing, Loadlink Technologies reports. March data also showed an increase in truck postings. Spot…

GTI Transport adds to U.S. operations

GTI Transport has purchased Nashville, Tenn.-based 3PL business Foxconn Logistics. The Novacap-backed company says the acquisition strengthens its container transport offerings south of the border. “The intricacies of container and…

Mullen Group overcomes challenges to post record Q1 revenue

Mullen Group overcame a variety of challenges in the first quarter to post record revenue as well as improved year-over-year profits. Border blockades, high absenteeism associated with Covid, and significant…

Shippers face toughest month on record

Conditions for U.S. shippers turned sharply downward in February, ahead of what’s expected to be further deterioration in March, according to the FTR Shippers Conditions Index. The index plummeted to…

Plaintiff attorneys are coming for your fleet data

Many fleet managers falsely believe that, if they don’t aggregate and analyze data, they are immune from being preyed upon by legal plaintiffs. The thinking is, if they don’t self…

Transrapide ceases trucking operations to focus on warehousing

After 10 years in business, Levis-based Groupe Transrapide has announced it is ending its trucking operations to focus on warehousing. “We are now reorienting our transportation activities to become a…

U.S. spot market cooling

Spot market rates and load volumes in the U.S. are falling as fuel prices skyrocket. DAT reported dry van freight volumes were up 23% in March compared to the previous…

KeepTruckin rebrands as Motive to reflect broader focus

KeepTruckin has rebranded as Motive as the tech company expands into agriculture, manufacturing, construction, field services and other sectors beyond trucking. “Changing our name to Motive better reflects the diversity…

There are good reasons young people don’t consider a career in trucking

As the trucking industry struggles to attract new talent, the obvious demographic to target is youth. But for many reasons, young folks today are rarely drawn to the idea of…