Business Management

‘Banner year’ for truck tonnage comes to end

ARLINGTON, Va. – U.S. for-hire truck tonnage dipped 4.3% in December, but closed out the full year 2018 up 6.6% compared to 2017. That marked the largest annual gain since…

Hiway and Eskimo Refrigeration changes name to ColdFront

VANCOUVER, B.C. – Following last year’s merger, Hiway and Eskimo Refrigeration will change its name to ColdFront as part of the company’s rebranding initiative. “By building on the legacy of…

Canadian spot market load volumes set record in 2018

TORONTO, Ont. – It was a record year for Canadian spot market load volumes in 2018, but the capacity crunch appears to be easing. TransCore Link Logistics reported the fourth…

Andy Transport launches power-only fleet

MONTREAL, Que. – Andy Transport has announced a new start-up that will provide trucks and drivers to customers with fluctuating transportation needs. Tristan Cartage is a power-only fleet that will…

Inland Kenworth opens in Castlegar

CASTLEGAR, B.C. – Inland Kenworth has opened a new parts and service facility in Castlegar, B.C. The location boasts 19,000 square feet of space, featuring a 9,500 sq.-ft. service department…

ACT Research: Yellow lights are flashing

COLUMBUS, Ind. – ACT Research has reported yellow lights are flashing for the U.S. economy, and by extension, for the North American commercial vehicle industry. “Over the course of Q4…

Trucking conditions bounce back in November

BLOOMINGTON, Ind. – Deteriorating trucking conditions bounced back in November, thanks to a slightly firmer rate environment and lower diesel prices, according to the latest FTR Trucking Conditions Index. The…

Freight market returning to ‘normal’: FTR

INDIANAPOLIS, Ind. – The fundamentals driving 2019 freight demand remain “relatively healthy” and should result in a growing, but not explosive, transport sector. That was the assessment of Avery Vise,…

Husky Energy considers selling commercial fuels business

CALGARY, Alta. – Husky Energy is considering selling off its commercial fuels and Canadian retail business, as well as its Prince George Refinery. The company made the announcement Jan. 8,…

Speedee names new CEO

BURNABY, B.C. – Speedee Transport has named Joshua Davis as its new CEO. With over a decade of experience in management, operations, and business development, Davis will oversee the development…

Canadian spot market flat in November

TORONTO, Ont. – The Canadian spot market was largely flat in November, according to TransCore Link Logistics. Load and truck availability were relatively even. Loads increased prior to Black Friday,…

Fleet growth to outstrip freight growth in 2019: ACT

COLUMBUS, Ind. – ACT Research says the commercial vehicle industry is maintaining its momentum, but could slow in the second half of 2019. The company produced its Transportation Digest, reporting…

Worst may be over for shippers: FTR

BLOOMINGTON, Ind. – Conditions for U.S. shippers eased in October, suggesting the worst may be over for them. The FTR Shippers Conditions Index rose to a reading of -2.1 in…

U.S. truck tonnage rose in November: ATA

ARLINGTON, Va. – U.S. for-hire truck tonnage rose 0.4% in November, and was 7.6% stronger year-over-year. The American Trucking Associations (ATA) For-Hire Truck Tonnage Index reached a level of 118.9,…

Trucking conditions dropped sharply since August: FTR

BLOOMINGTON, Ind. – Trucking conditions in the U.S. continued to slide in October, to a reading of 3.17 on the FTR Trucking Conditions Index. That marks a significant drop since…