Business Management

OTA announces Executive Conference speaker lineup

TORONTO, Ont. – Conrad Black, Survivorman Les Stroud, and economist Don Drummond will headline the Ontario Trucking Association’s (OTA) 92nd annual Executive Conference. It will be held at the Ritz-Carlton…

Acquisition strengthens Ryder’s last mile delivery presence

MIAMI, Fla. – Ryder System has announced that it purchased MXD Group, an e-commerce fulfillment provider with a national network of facilities and last mile delivery capabilities. The deal closed…

TFI buys Normandin Transit

MONTREAL, Que. – TFI International has agreed to purchase Normandin Transit. The company says the move bolsters its cross-border LTL and truckload services. Based in Napierville, Que., Normandin has grown…

Celadon to restate prior financials, likely to be delisted

INDIANAPOLIS, Ind. – Celadon Group announced yesterday that its financial statements for the fiscal year 2016 and the quarters ended Sept. 30, 2016 and Dec. 31, 2016 remain under internal…

No relief in sight for shippers: FTR

BLOOMINGTON, Ind. – Shippers in the U.S. continue to face a tough capacity and rate environment, with no relief in sight. That’s according to the latest Shippers Conditions Index by…

Canadian shipping costs rose in January: CGFI

TORONTO, Ont. – The cost of ground transportation for Canadian shippers rose 2.6% in January, according to the latest Canadian General Freight Index (CGFI) by Nulogx. The base rate was…

More than 80% of carriers optimistic about 2018: TransCore

TORONTO, Ont. – Canadian carriers and brokers benefited from a strong market in 2017, and are optimistic about the current year, according to a new report from TransCore Link Logistics.

Bringing the Love’s to Michigan

CAPAC, Mich. – Love’s Travel Stops is expanding its presence in Michigan with the launch of its second location in the state. The new travel stop opens its doors in…

Truxpo conference to focus on sector updates

ABBOTSFORD, B.C. – Western Canadian trucking show Truxpo has announced its lineup of speakers for a half-day executive conference, as well as events throughout the two-day event. With a focus…

Truck orders remained strong in February

COLUMBUS, Ind. – North American Class 8 orders totaled 40,271 units in February, marking the seventh best ever order month, ACT Research reports. They slipped from January’s total, which was…

Carriers seeing most favorable rate environment in 14 years: FTR

BLOOMINGTON, Ind. – Trucking conditions in the U.S. continued their upturn in January, as demand remained well above supply according to the FTR Trucking Conditions Index. An 11.5 reading showed…

Challenger buys Ed Wiersma Trucking, raises driver pay

CAMBRIDGE, Ont. – Challenger Motor Freight has agreed to acquire the majority of Ed Wiersma Trucking’s assets. The company says the deal is expected to close by the end of…

Schneider sees benefits to owning its container chassis

GREEN BAY, Wisc. – Schneider announced it has completed its plan to bring all chassis ownership in house, with the purchase of more than 15,000 intermodal container chassis over the…

ATA aiming for inclusiveness in mid-year meeting rebranding

ARLINGTON, Va. – Changes are coming to the American Trucking Associations (ATA) mid-year meeting. In an effort to be more inclusive, the organization is re-branding the May Leadership Meeting as…

Fleets negotiating better rates, raising pay

COLUMBUS, Ind. – Fleets have negotiating power and are increasing driver pay, according to findings from the latest ACT Research For-Hire Trucking Index. The index also shows fleet equipment purchase…