TFI International posts strong Q1, prepares to close UPS Freight deal preview image Business Management TFI International posts strong Q1, prepares to close UPS Freight deal April 28, 2021 TFI International’s blockbuster acquisition of UPS Freight couldn’t have been timed better. The division achieved record Q1 earnings, with UPS’s Supply Chain and Freight Group more than doubling profits. But…
Peel cargo theft volumes down, but losses hit records preview image Security Peel cargo theft volumes down, but losses hit records April 7, 2021 Ontario led the way in North America’s commercial cargo theft last year, with the Peel Region west of Toronto reporting some of the biggest losses of all. “Most theft reports…
How to avoid nuclear verdicts preview image Business Management How to avoid nuclear verdicts March 24, 2021 The best way to avoid a nuclear verdict – a term used generally to describe court judgements in excess of $10 million – is to stay out of the deposition…
3 keys to digitize your truck fleet preview image Technology 3 keys to digitize your truck fleet March 24, 2021 The science of digitizing a truck fleet involves more than going with paperless documents alone. The underlying telematics data and available artificial intelligence make it possible to truly transform every…
Cargo insurance policies deserve a closer look preview image Business Management Cargo insurance policies deserve a closer look February 12, 2021 A Toronto-based transportation lawyer is calling on brokers and carriers alike to take a closer look at cargo insurance policies as the all-important documents continue to evolve. “Things have changed.
Quiet on the M&A front, Mullen Group may eye U.S. market preview image Business Management Quiet on the M&A front, Mullen Group may eye U.S. market February 11, 2021 Mullen Group may take a closer look at expanding in the U.S., as a stagnant Canadian economy and pricey valuations have tempered the company’s appetite to make a major deal…
Shipper-carrier contracts could expose fleets to massive losses preview image Business Management Shipper-carrier contracts could expose fleets to massive losses February 11, 2021 When it comes to contract language, the devil is in the details. And trucking companies might want to pay closer attention to the details that can leave them exposed to…
ELD suppliers face steep certification costs ahead of mandate preview image Business Management ELD suppliers face steep certification costs ahead of mandate February 11, 2021 Certifying an electronic logging device comes at a cost, and no one knows that better than the ELD suppliers themselves. But as Canada’s federally regulated fleets move ever closer to…
New equipment, revenue-generating terminals part of TForce Freight’s plan preview image Business Management New equipment, revenue-generating terminals part of TForce Freight’s plan February 10, 2021 TFI International’s first step in integrating the UPS Freight fleet it purchased in January will be to upgrade the equipment to reduce maintenance and repair costs, and improve driver satisfaction.
Westcan truck driver loses challenge over drug and alcohol testing preview image Business Management Westcan truck driver loses challenge over drug and alcohol testing February 9, 2021 Truck driver Randall Phillips has failed in a legal bid to challenge Westcan Bulk Transport’s random drug and alcohol testing program. Phillips had argued the fleet shouldn’t be able to…
Titanium Transportation finds ‘transformative’ acquisition in ITS preview image Business Management Titanium Transportation finds ‘transformative’ acquisition in ITS February 5, 2021 Titanium Transportation has found the “transformative” acquisition it has been looking for. The company announced this morning it has purchased International Truckload Services (ITS), a Belleville, Ont.-based truckload provider that…
Penske awards three Canadian fleets preview image Business Management Penske awards three Canadian fleets February 1, 2021 Penske Logistics has awarded three Canadian truckload fleets as part of its inaugural Freight Management Trucking Carrier Awards program. Road Link Xpress, Autobahn Freight Lines, and JMF Transport were recognized…
Why M&A activity should heat up this year preview image Business Management Why M&A activity should heat up this year January 26, 2021 Owners of trucking and logistics companies could fetch a premium for their businesses in 2021, thanks to pent-up buyer demand and an increase in interest from non-traditional buyers. Spencer Tenney,…
Pandemic will leave lasting impacts on fleet maintenance, parts procurement preview image Equipment Pandemic will leave lasting impacts on fleet maintenance, parts procurement January 25, 2021 As devastating as the Covid-19 pandemic has been, there have been beneficial changes made to fleet maintenance and parts procurement practices that will last long after the pandemic has ended.
Break down internal fleet silos, panelists stress preview image Business Management Break down internal fleet silos, panelists stress January 22, 2021 Every truck fleet needs to address safety, operational and recruiting demands, but Challenger Motor Freight commits to breaking down the barriers between the related departments. Driver safety coordinators now sit…