Business Management

Premier Bulk Systems buys Lenco Tank Truck

Premier Bulk Systems announced it has acquired Lenco Tank Truck, a bulk transporter of liquid asphalt, propane, bunker oil, and cement. Lenco will be rebranded under the Premier Bulk Systems…

Shippers saw relief in December due to short-lived fuel pullback

Conditions facing U.S. shippers improved in December, primarily due to falling fuel prices in the month. FTR’S Shippers Conditions Index read -6.9 in December, down from November’s reading of -9.

A new year brings new rules for trucking and logistics employers

The beginning of the year has brought on a new set of changes that federally regulated employers will need to be aware of.  These recent amendments to the Canada Labour…

Control Freight Systems enters brokerage market with Anchor acquisition

Control Freight Systems, recently founded by former Polaris and TransPro executive Jon Saunders, has acquired 3PL Anchor Transportation Services. The business is 37 years old and is being purchased from…

Truck tonnage continues climb

U.S. for-hire truck tonnage edged up 0.6% in January, according to the American Trucking Associations (ATA), adding to recent gains. “January’s gain was the sixth straight totaling 4.4%,” said ATA…

Fleets employing multiple strategies to cope with parts shortages

With parts and labor shortages forcing fleets to extend truck and trailer trade cycles, fleets are ramping up communication and becoming more creative in how they service equipment. No longer…

Canada’s spot market load volumes ‘literally off the charts’

Canada’s spot market is so strong, freight volumes are off the charts, according to Loadlink Technologies, which had to adjust its reporting charts to accurately reflect January volumes. Loads surged…

Trailer orders soft in January as OEMs manage backlogs

Trailer orders totaled 26,100 units in January, according to preliminary data from ACT Research, representing a soft start to the year and coming in just shy of December’s orders of…

Acquisitions drove Mullen Group to record revenue

Mullen Group achieved record revenue in the fourth quarter of 2021, thanks largely to the contributions of six companies acquired in the year. Total revenue climbed 48% to a record…

Beware the ‘Dirty 5’ when defending fleets against nuclear verdicts

For truck fleets operating in the U.S., the dangers of a courtroom can be more crippling than dangers on the highway itself. So-called “nuclear verdicts” – the awards of more…

Vaccine mandates still require fleet policies, says Fernandes-Hearn partner

Canada and the U.S. require cross-border truck drivers to be vaccinated against Covid-19, but fleets still need to take care when developing the underlying vaccine mandates in their workplaces. “The…

Cummins acquires Jacobs Vehicle Systems

Cummins has agreed to purchase Jacobs Vehicle Systems (JVS), supplier of engine braking, cylinder deactivation, start/stop, and thermal management technologies. The engine maker says the acquisition adds new technologies to…

TFI beats on earnings, despite still being in ‘cleanup’ mode at TForce Freight

TFI International’s model for fixing the UPS Freight division it acquired last year is simple. “We want them to drive less miles, and pick up more freight,” Alain Bedard said…

TFI International earnings boosted by UPS Freight acquisition

TFI International saw earnings soar in the fourth quarter, thanks in part to its “transformational acquisition” of UPS Ground Freight, the company announced Feb. 7. “During the fourth quarter, our…

How to identify, and improve, the high-risk driver

They exist within virtually any fleet, but finding them is difficult. And few, if any, identify themselves as being one. The high-risk driver is a threat to the fleet they…