Loadhitch app looks to make it easier for O/Os to find loads preview image Software Loadhitch app looks to make it easier for O/Os to find loads May 30, 2022 A new load-matching freight app for owner-operators is coming to the Canadian market, and the company is currently looking to get freight-seeking O/Os on-board. Loadhitch says it will create a…
Canadians stressed about supply chain shortages: Survey preview image Supply Chain Canadians stressed about supply chain shortages: Survey May 30, 2022 Canadians are increasingly concerned about whether they will be able to get the products they want in the face of supply chain disruptions, a poll commissioned by the Canadian Trucking…
Significant chip shortage continues to curtail truck production: ACT preview image Equipment Significant chip shortage continues to curtail truck production: ACT May 25, 2022 The analysts at ACT Research are losing confidence that lingering supply chain issues will subside enough to enable manufacturers to ramp up commercial truck production anytime soon. In its Commercial…
Good run for U.S. truck tonnage stalls in April preview image Business Management Good run for U.S. truck tonnage stalls in April May 24, 2022 U.S. for-hire truck tonnage fell 2% in April, putting the brakes on a streak of eight straight monthly gains, the American Trucking Associations (ATA) reports. The drop came on the…
Shipper conditions plunge to record lows: FTR preview image Business Management Shipper conditions plunge to record lows: FTR May 24, 2022 Shipper conditions tracked by FTR fell to their weakest point on record in March, with its Shippers Conditions Index plunging to a reading of -23.1. That follows a previous record…
Freight metrics continue to deteriorate: ACT Research preview image Equipment Freight metrics continue to deteriorate: ACT Research May 18, 2022 Freight metrics continue to head south, according to ACT Research’s State of the Industry: NA Classes 5-8 Report. The industry forecaster said freight-related metrics that began to deteriorate in March…
Truck builders to see ‘lower-for-longer’ order levels into 2023: ACT Research preview image Equipment Truck builders to see ‘lower-for-longer’ order levels into 2023: ACT Research May 4, 2022 Class 8 orders were “subdued” in April, according to preliminary data from ACT Research, due to constrained production levels and long backlogs. The industry analyst reported 15,800 Class 8 orders…
Is that a speed bump ahead, or a cliff? preview image Business Management Is that a speed bump ahead, or a cliff? April 29, 2022 Alain Bedard isn’t losing sleep over a freight recession. The chairman and CEO of Canada’s largest fleet, TFI International, parried questions from analysts about a softening freight market during a…
GTI Transport adds to U.S. operations preview image Business Management GTI Transport adds to U.S. operations April 22, 2022 GTI Transport has purchased Nashville, Tenn.-based 3PL business Foxconn Logistics. The Novacap-backed company says the acquisition strengthens its container transport offerings south of the border. “The intricacies of container and…
Shippers face toughest month on record preview image Business Management Shippers face toughest month on record April 20, 2022 Conditions for U.S. shippers turned sharply downward in February, ahead of what’s expected to be further deterioration in March, according to the FTR Shippers Conditions Index. The index plummeted to…
U.S. spot market cooling preview image Business Management U.S. spot market cooling April 19, 2022 Spot market rates and load volumes in the U.S. are falling as fuel prices skyrocket. DAT reported dry van freight volumes were up 23% in March compared to the previous…
18 Wheels expands in Vancouver area preview image Business Management 18 Wheels expands in Vancouver area April 12, 2022 18 Wheels Warehousing and Trucking has opened a new 176,000-sq.-ft. warehouse in the Campbell Heights area of Surrey, B.C. The company says the timing couldn’t be better, with a lack…
TForce Logistics adds Hamilton DC preview image Supply Chain TForce Logistics adds Hamilton DC March 30, 2022 TForce Logistics has opened its fourth distribution center in the Toronto area, to enhance its last-mile delivery capacity. The new Hamilton, Ont., facility is 8,140 sq.-ft., and will support next-day…
DTNA expands Kirchholtes’ role in procurement, supply chain management preview image Equipment DTNA expands Kirchholtes’ role in procurement, supply chain management March 28, 2022 Daimler Truck North America (DTNA) Monday announced Carsten Kirchholtes, formerly general manager, supply chain, has assumed an expanded role to serve as general manager, procurement and supply chain management. Kirchholtes…
Port of Vancouver cargo volumes on steady course despite supply chain, extreme weather woes preview image Supply Chain Port of Vancouver cargo volumes on steady course despite supply chain, extreme weather woes March 24, 2022 Cargo volumes through the Port of Vancouver rose by 1% in 2021 from 145 to 146 million metric tonnes (MMT) over 2020, despite pandemic and global supply challenges and extreme…