More work to be done preview image Business Management More work to be done February 26, 2018 Safety, training, and honesty keys to recruiting more women in trucking
U.S. shippers feeling the pinch preview image Business Management U.S. shippers feeling the pinch February 22, 2018 BLOOMINGTON, Ind. – Shippers in the U.S. are experiencing tight capacity and higher trucking prices, according to the latest Shippers Conditions Index from FTR. The index remained in negative territory…
Tremcar West names new management for Weyburn facility preview image Business Management Tremcar West names new management for Weyburn facility February 21, 2018 WEYBURN, Sask. – Tremcar West has hired Doug Weir as general manager of its Weyburn facility and Kathy Lokinger as its office manager. The company is also looking for a…
Canada’s spot market freight volumes reach record high preview image Business Management Canada’s spot market freight volumes reach record high February 21, 2018 TORONTO, Ont. – TransCore Link Logistics reports that January spot market load volumes on its LoadLink load board reached an all-time high. Canadian and cross-border load volumes surpassed all previous…
Business Management U.S. turnaround underway: TFI’s Bedard February 21, 2018 TFI International expects improvements in U.S. truckload, P&C segments
Acquisitions drive TFI’s Q4 revenue growth preview image Business Management Acquisitions drive TFI’s Q4 revenue growth February 21, 2018 MONTREAL, Que. – TFI International grew its Q4 net income and revenue from continuing operations, during a quarter of transition. The company reported Q4 revenue of $1.06 billion, up 2%…
U.S. truck tonnage up 2% in January preview image Business Management U.S. truck tonnage up 2% in January February 20, 2018 ARLINGTON, Va. – U.S. for-hire truck tonnage rose 2% in January, reflecting a solid freight environment in a typically weak month. The American Trucking Associations (ATA) For-Hire Truck Tonnage Index…
Business Management U.S. trucking prices reach new highs: ACT Research February 20, 2018 COLUMBUS, Ind. – ACT Research says U.S. truck pricing tracked by its Freight Rate Index reached a record high. “Clearly, the pendulum of pricing power rests with truckers as 2018…
Delmar acquires Cobrac Brazil preview image Business Management Delmar acquires Cobrac Brazil February 15, 2018 MONTREAL, Que. – Canadian logistics company Delmar International has acquired Cobrac Brazil. The company says the purchase will help to shore up their South American presence under the newly branded…
Peterbilt looks to strong 2018 after record-breaking year preview image Business Management Peterbilt looks to strong 2018 after record-breaking year February 15, 2018 SCOTTSDALE, Ariz. – Peterbilt is coming of a record-setting year and planning to take advantage of a strong truck market in 2018. The company says it achieved a new Class…
Price of petroleum was down in Q3: Stats Can preview image Business Management Price of petroleum was down in Q3: Stats Can February 15, 2018 OTTAWA, ON – The price of petroleum dropped again in the third quarter of 2017 reports Statistics Canada. The federal agency released the unadjusted Wholesale Services Price Index for the…
Jobs dip in month-to-month in January preview image Business Management Jobs dip in month-to-month in January February 14, 2018 OTTAWA, ON – The Canadian trucking industry saw a dip in jobs in January according to statistics Canada. The agency released job numbers for the first month of the year…
Business Management Trucking capacity “maxed out”: FTR February 13, 2018 BLOOMINGTON, Ind. – Trucking conditions in the U.S. improved in December, with a strong 9.2 reading of the FTR Trucking Conditions Index. The index reflects a full capacity environment, driven…
Business Management Mullen Group buys DWS Logistics February 13, 2018 OKOTOKS, Alta. – Mullen Group has announced the acquisition of DWS Logistics, expanding its third-party logistics and warehousing services. DWS is based in Mississauga, Ont., with distribution centers in the…
Kindersley Insurance acquired by Hub International preview image Business Management Kindersley Insurance acquired by Hub International February 9, 2018 KINDERSLEY, SK – Trucking insurance specialist Kindersley Insurance has been acquired by Hub International. The global insurance broker disclosed it has acquired shares of the Saskatchewan-based independent and commercial insurance…