US trucking conditions moving in carriers’ favor preview image Business Management US trucking conditions moving in carriers’ favor November 22, 2016 BLOOMINGTON, Ind. – Trucking conditions in the US are improving, which should boost pricing and margins for carriers through the end of next year. That’s according to the latest FTR…
Business Management Blue Water Bridge disruptions possible November 21, 2016 SARNIA, Ont. – Forty-seven unionized employees at the Blue Water Bridge went on strike this morning, according to the Federal Bridge Corp. The bridge operator says the union “has refused to…
Business Management ACT pricing index shows improvements November 18, 2016 COLUMBUS, Ind. – Trucking rates may be on the rise, according to the latest ACT For-Hire Trucking Index from ACT Research. ACT reported its pricing index bounced to its highest…
Business Management Accuride acquisition finalized November 18, 2016 EVANSVILLE, Ind. – Accuride Corp. has announced its acquisition by Crestview Partners is now complete. The private equity firm announced its plans to take Accuride private on Sept. 2. “Today…
Business Management Daimler conference addresses how to meet customer needs November 17, 2016 PORTLAND, Ore. – Daimler Trucks North America (DTNA) held its biennial aftermarket conference ‘Evolution’ recently, with a focus on the company evolving to meet customer needs. The event is the…
Business Management Titanium earnings improve year-over-year November 16, 2016 CEO Ted Daniel doesn’t see overcapacity situation changing soon
Business Management J.B. Hunt reaches settlement over discriminatory drug testing requirements November 16, 2016 LOS ANGELES, Calif. – J.B. Hunt has agreed to pay US$260,000 in damages, after a seven-year federal investigation found its drug testing requirements were discriminatory towards Sikh truck drivers. It…
Business Management Trailer orders up in October, but still off last year’s pace November 15, 2016 COLUMBUS, Ind. – Preliminary trailer orders for October totaled 21,050 units, up from September but down from last year, according to ACT Research. “Net trailer orders rebounded strongly in October,…
Business Management Fast Forward: A deeper look inside the future of trucking November 15, 2016 Four speakers added to event
Business Management Alutrec restructures, plans move to new plant November 14, 2016 LAURIER-STATION, Que. – Aluminum trailer manufacturer Alutrec has announced Michel Parent has taken over as president and CEO of the company, assuming the position previously held by his nephew Julien…
Canadian freight volumes down month-over-month, up year-over-year preview image Business Management Canadian freight volumes down month-over-month, up year-over-year November 10, 2016 TORONTO, Ont. – Cross-border volumes between Canada and the US dropped 8% in October compared to the month prior, but up the same percent year-over-year, according to TransCore Link Logistics.
Business Management Rate increases next year could exceed expectations: FTR November 10, 2016 BLOOMINGTON, Ind. – The latest forecast from FTR suggests it’ll be more of the same next year for the US economy, growth at a rate of about 2%. However, Bill…
Business Management Impact of Trump election on trucking won’t be immediate: FTR November 9, 2016 BLOOMINGTON, Ind. – Industry analyst FTR issued a note today, suggesting there will be a limited short-term impact to the overall US economy and transport industry as a result of…
Manitoulin Transport utilizes three new terminals in southeastern Ontario preview image Business Management Manitoulin Transport utilizes three new terminals in southeastern Ontario November 2, 2016 MISSISSAUGA, Ont. – Manitoulin Transport has southeastern Ontario covered, now providing direct service to all towns and cities via three terminals in Cornwall, Peterborough and Kingston. “When our customers entrust…
Business Management Package and courier segment helps TransForce weather challenging environment October 25, 2016 MONTREAL, Que. – A sluggish Canadian economy, an oversupplied domestic LTL market and downward pressure on rates in the US hurt TransForce’s Q3 revenue. However, the package and courier (P&C)…
