Economy

Truck Emissions Control, After-Treatment Segment to Expand Quickly

MOUNTAIN VIEW, CA -- The emissions control and after treatment components and services segment is expected to emerge as the fastest-growing branch of the North American Class 6 to 8 truck aftermarket over the next six years.

Registration Opens for CITT Winter Logistics Courses

TORONTO, ON - CITT has opened registration for its winter semester of logistics courses that start on Jan. 14 of next year.

Energy Sector Downturn Hits Aveda Earnings Hard

CALGARY, AB - A leading provider of oilfield hauling services and equipment rentals to the energy industry has reported big drops in both profitability and revenue in the third quarter of the year.

Cat Dealer Finning Closing Facilities, Cuts Workforce

VANCOUVER, BC -- The mega Caterpillar dealer Finning International Inc. says it will exit 11 facilities in Western Canada and cut some of its workforce in order to reduce costs in struggling markets.

Spot Market Rates, Volume Show Monthly Decline

PORTLAND, OR -- Spot market freight volume declined 9.7 percent in October in North American while rates also moved lower.

Trailer Wizards Focusing on 401 Corridor with Purchase

MISSISSAUGA, ON -- The commercial trailer rental, leasing, sales, service, parts and storage, company Trailer Wizards Ltd. announced on Wednesday it has acquired a trailer repair and maintenance company focused on serving the London and 401 corridor.

Trucking Business Conditions Fall Slightly in U.S.

BLOOMINGTON, IN - The latest measure of business conditions in the U.S. trucking industry has retreated slightly following an even performance this year and is expected to decline further at the year's end.

Diesel, Gasoline Prices Jump in Canada, U.S.

LONDON, ON and WASHINGTON, D.C. -- Prices for both diesel and gasoline posted gains over the past week in both Canada and the U.S., hitting some of their highest levels in weeks, but many analysts say its doubtful this is part of a new trend.

BC Officials Need Input for Truck Parking Study

The British Columbia Ministry of Transportation and Infrastructure is seeking feedback from trucking companies and truck drivers operating in the Lower Mainland as well as parking lot companies regarding truck parking options.

Tremcar Opens New Edmonton Location

EDMONTON, AB - Officials with the tanker trailer manufacturer Tremcar welcomed over 100 people to its newest service facility last week in Edmonton for an open house gathering.

BC Trucking Official Says Drivers Still Owed Back Pay

VANCOUVER, BC -- British Columbia's Container Trucking Commissioner Corinne Bell has renewed her call for Metro Vancouver's port trucking companies to give back pay to their drivers as part of agreement that resolved a March 2014 dispute.

Intermodal Shipments Increase in Third Quarter

CALVERTON, MD -- Despite month-to-month variations, third quarter intermodal freight traffic growth in Canada and the U.S. of 3.4 percent was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).

Commission Calls for Tolls, Draws Backlash

OTTAWA, ON - A new report shows Canadians are increasingly frustrated by traffic congestion in their major cities and want solutions before the situation gets worse and costs them even more time and money, but one answer is getting a lot of heat.

Meritor, P.S.I. — 1 Million Made and Counting

SAN ANTONIO, TX - It's not often a company hits the one million mark for making anything, but two trucking suppliers have managed to do it, and they did it with a bash on Wednesday. Meritor Inc. and Pressure Systems International (P.S.I.) celebrated a milestone when...

Average Diesel Cost Up in Canada, Down in U.S.

LONDON, ON AND WASHINGTON, D.C. - Prices for diesel and gasoline are heading in opposite directions in Canada and the U.S. this week, but they still remain far below their levels from a year earlier.