Business Management

Wabco opens new global research and development hub

HANOVER, Germany – Wabco has announced the opening of a new state-of-the-art Global Technology and Innovation Center in Hanover, Germany. The company says the new center will significantly expand its…

Trucking conditions to remain strong for next year: FTR

BLOOMINGTON, Ind. – Trucking capacity remains extremely tight, according to the latest FTR Trucking Conditions Index, which remained unchanged from May in June. Conditions for truckers are at their most…

Isaac Instruments to open new Calgary office

CALGARY, Alta. – Isaac Instruments announced it will open a new office in Calgary, Alta., to bring a local presence to better service its customers. “This new office strengthens our…

Stronger pricing, ability to attract drivers keys to Titanium’s success

BOLTON, Ont. – Improving rates and the ability to add capacity in a driver-starved market were two of the reasons Titanium Transportation Group was able to achieve record revenue and…

Titanium reports record quarter

BOLTON, Ont. – Titanium Transportation Group rode a strong trucking market to record results in the second quarter. The company reported revenue of $51.8 million, marking a year-over-year increase of…

TruckPro adds Diesel Bros. to its network

MILTON, Ont. – TruckPro is expanding again in Ontario, announcing a new member in its network of service and parts shops across the country. Diesel Brothers is bringing its eight…

Tri Truck Center honored for fourth year

From left to right: John Esplen, Dealer Principal (Tri Truck Centre), Ms. Yumiko Kawamura, President (HMC), Rick Howitt, General Manager (Tri Truck Centre), Mark Lorentz, Vice President, Sales (HMC) BARRIE,…

CEDA expands again with new B.C. shop

FORT ST. JOHN, B.C. – Aiming to expand its B.C. market share CEDA has opened the doors on a new shop in the Western Canadian Sedimentary Basins area. Newly appointed…

Shippers shouldn’t expect relief this year: FTR

BLOOMINGTON, Ind. – The FTR Shippers Conditions Index (SCI) remained in negative territory in May, with a -12.3 reading. That comes on the heels of April’s all-time-low reading of -13.4,…

TFI International improves margins, profit

MONTREAL, Que. – A strong trucking market allowed TFI International to boost its margins and profits in the second quarter. The company reported Q2 net income of $80.4 million on…

Trucking business drives Mullen’s Q2 growth

OKOTOKS, Alta. – Mullen Group’s increase in revenue was “all on the back of the trucking/logistics segment,” according to chairman and CEO Murray Mullen when discussing Q2 results with analysts…

Daimler to reorganize, create separate truck entity

STUTTGART, Germany – Daimler AG has announced a reorganization that will create three legally independent entities, including one dedicated to trucks. The new structure will be comprised of: Mercedes-Benz AG;…

Mullen reports record trucking/logistics revenue

OKOTOKS, Alta. – Mullen Group reported record revenue for its trucking/logistics segment in the second quarter, up 19.8% year-over-year to $219.4 million. Its total revenue was $295.7 million, an increase…

Canadian spot market remains strong in Q2

TORONTO, Ont. – Canadian spot market load volumes through the first half of 2018 were up 43% over the same six months in 2017, according to TransCore Link Logistics’ Freight…

PMTC unveils schedule for Eastern Regional seminar

MILTON, Ont. – Private Motor Truck Council of Canada (PMTC) and Trucking Human Resources Sector Council Atlantic (THRSCA) are bringing their educational seminar to Truro, Nova Scotia. This will mark…