Business Management In conversation with Daimler leader Wolfgang Bernhard July 28, 2016 STUTTGART, Germany — North America has proved a disappointing truck market so far this year with the most recent Class 8 intake standing at a multi-year low. Wolfgang Bernhard, member…
Business Management Make way for the quiet leader who listens July 25, 2016 The leaders that shaped the trucking industry of today were forged in the cauldron of deregulation in the late 1980s. At a time of regulatory upheaval which saw once…
Business Management TransForce posts Q2 results July 22, 2016 MONTREAL, Que. — TransForce’s Q2 earnings were affected by the slowing Canadian economy and weakness in the North American freight market. The company reported adjusted net income of $54.9 million…
Business Management Mullen Group positioning for oil and gas recovery July 21, 2016 OKOTOKS, Alta. — The time has come to start preparing for a recovery in the oil and gas segment and to position Mullen Group for growth. That was a message…
Business Management Mullen Group grows profits despite “pretty deep recession” in Alberta July 21, 2016 OKOTOKS, Alta. — Mullen Group posted second quarter earnings that exceeded analyst expectations, even on shrinking trucking revenues. Total revenue came in at $247 million, down 13.3% from last year’s…
Business Management US truck tonnage declined in June July 19, 2016 ARLINGTON, Va. — US for-hire truck tonnage dropped 1.5% in June, but was 2.1% stronger year-over-year, according to the latest data from the American Trucking Associations (ATA). The decrease followed…
Business Management Trucking stuck in neutral as inventory-to-sales ratios remain high: FTR July 14, 2016 BLOOMINGTON, Ind. — High inventories and loosening capacity are making it difficult for transportation companies to raise rates. Jonathan Starks, chief operating officer of FTR, explained during a State of…
Business Management Examining the broker-carrier relationship July 14, 2016 TransCore panel explores payment terms, the potential effect of ELDs and whether there’s a future for small brokers
Business Management US trucking conditions worsen July 14, 2016 BLOOMINGTON, Ind. — Trucking conditions in the US have deteriorated to their worst state since 2011, according to the latest FTR Trucking Conditions Index. The May reading of 1.69 was…
Business Management Report predicts Manitoba to soon face dire labor shortage July 13, 2016 WINNIPEG, Man. – The Manitoba Trucking Association (MTA) says its province will face a dire labor shortage with a shortfall of 10,000 drivers by 2026, and government must step up…
Business Management Spot market volumes steady, but capacity flooded with western trucks July 13, 2016 WOODBRIDGE, Ont. — Canadian spot market load volumes have been increasing month to month and are almost back to 2015 levels. Claudia Milicevic, general manager, TransCore Link Logistics, provided customers…
Trailcon expands in the west with purchase of Stewart Trailers preview image Business Management Trailcon expands in the west with purchase of Stewart Trailers July 12, 2016 BRAMPTON, Ont. – Trailcon Leasing has acquired Stewart Trailers, a welding, mobile service and trailer repair facility in the Greater Vancouver area. The move strengthens Trailcon’s presence in Western Canada,…
Business Management Maritime-Ontario to open Vancouver terminal July 12, 2016 VANCOUVER, B.C. – Maritime-Ontario Freight Lines will open its new terminal in Surrey, B.C.’s Pacific Link Business Park this August. The location allows for easy access to the South Fraser…
Business Management Paccar Parts’ new distribution center serves 91 western Canadian and US dealerships July 7, 2016 RENTON, Wash. – Paccar Parts opened its new $32-million, 160,000-square-foot distribution center in Renton, Wash. to the applause of more than 500 attendees, including company CEO Ron Armstrong, general operations…
Business Management C.A.T. to open new office in Dallas July 6, 2016 VAUDREUIL-DORION, Que. – C.A.T. Inc. will be opening a new office in Dallas, Texas, which president Daniel Goyette said would help support the company’s current operations in Laredo, Texas. “Dallas…
