Volvo Upgrading Plant, Opening New ‘Customer Experience Center’
DUBLIN, VA -- Volvo Trucks North America says it will make several plant upgrades and open a new Customer Experience Center as part of a $38.1 million investment in the New River Valley (NRV) truck assembly plant in Dublin, VA, where all Volvo truck models for North America are assembled.
Diesel Fuel Costs Return to Lowest Levels in Years
LONDON, ON and WASHINGTON, D.C. -- The average Canadian retail diesel price turned around this week following a small increase the week before, hitting its lowest level in five years, while in the U.S. it fell for to its lowest point in more than six years.
Canadian Economy Downgraded, Atlantic Provinces Mixed
TORONTO -- Expectations for the performance of the overall Canadian economy have been downgraded, but forget talk about a recession, while conditions should improve partly when it comes to the Atlantic Provinces, according to two new reports from the Royal Bank of Canada.
VHD Equipment Network to Merge into Power Heavy Duty
CRYSTAL LAKE, IL -- VIPAR Heavy Duty has announced its VHD Equipment Network of distributors will transition into the Power Heavy Duty LLC the first of 2016. The combination of the two groups into one will allow the organization to maximize efficiencies while focusing on growing business with members, supplier partners and their collective customers, according to VIPAR. The merger will also result in a network of hundreds of locations in Canada and the U.S.
Trucking Names Make Fastest Growing Companies List
TORONTO - Companies known to many people in trucking are among the many listed in the just published 2015 Profit 500 Ranking of Canada's Fastest Growing Companies. The 27th annual rundown by Profit magazine includes not just the overall rankings but also a special transportation and logistics section, featuring the 28 fastest growing firms in this sector of the economy.
Deal Reportedly Reached in GTA Intermodal Trucker Strike
BRAMPTON, ON -- A more than weeklong strike by independent contractor truckers serving intermodal facilities in the Greater Toronto Area (GTA) has caused one group to call on government officials to take action, however a deal has reportedly been reached by the two sides as of Wednesday morning. In a letter to federal and provincial authorities, the Canadian International Freight Forwarders Association (CIFFA) said the protest by the Container Trucking Association of Ontario (CTAO) has slowed freight movements at container terminals in the GTA as well as elsewhere. CIFFA represents some 250 member firms from the largest of global multi-national freight forwarding firms to small and medium sized Canadian companies, according to the group.
Schneider Streamlines Cross-Border Intermodal Service
GREEN BAY, WI - The freight transporter Schneider Intermodal said this week it has streamlined the process for shipping select commodities that originate in Canada or the U.S. and move into Mexico via rail that previously required additional handling at the U.S. border.
