Economy

U.S.-Canada Truck Freight Fell 2.9% in February

WASHINGTON, DC- Freight movements between the U.S. and Canada and Mexico fell 4.3 percent  year-over-year in February, hitting the lowest level in…

In-Depth Special Feature: Covering the Vancouver Strike

Port Metro Vancouver. VANCOUVER, BC – Can anything good come out of the month-long strike at Canada’s largest port, Port Metro Vancouver? I flew down to find out first-hand…

Medium-Duty Trucks in Strong Demand With North American Truckers

COLUMBUS, IN – North American truckers ordered just over 24,600 Class 8 trucks in March 2015, down from the same time last year, according to industry…

Paccar First Quarter Profit Soars by 38%

BELLEVUE, WA – Truck maker Paccar Inc. reported a $378.4-million profit, up from $273.9 million a year earlier. The parent of Peterbilt and Kenworth expects Class 8 truck retail sales for…

Uniroyal launches affordable tire line

MONTREAL, QC - Uniroyal has come to the Canadian truck market, choosing the recent Expocam show here to launch six tires specifically for this country.

Over 8,000 Items for Auction at Ritchie Bros. Monster Sale

EDMONTON, AB – Truck and equipment auctioneer group, Ritchie Bros., will host its largest Canadian action to date on April 29, 2015. The four-day auction will feature over 8,000 equipment…

Diesel Prices Hit Lowest Level Since 2009

WASHINGTON, DC- The average cost of diesel has dropped for the fifth time in a row, hitting its lowest level since December 2009, according to the…

U.S.-Canada freight up nearly 4%

WASHINGTON, DC– The value of freight moved by truck between the U.S. and its North America neighbors, Canada and Mexico, rose by 4.5 percent in 2014 compared to a year…

Robust truck order activity to let up: analysts

COLUMBUS, IN – February truck order volume hit a five-month low but still maintained a high level according to the latest report from ACT Research. The Class 8…

2015 to be the best trailer market since late 90s: analyst

COLUMBUS, IN -“The foundation is in place for 2015 to be the best trailer market since the late 1990s,” says Frank Maly, analyst at ACT Research. ACT’s latest report on…

Truckload Activity Raised Price of Ground Transportation in January

TORONTO- Shippers paid 2.4 percent more for ground transportation in January 2015 than they did in December, according to the Canadian General Freight Index (CGFI), published…

Trailer order backlog eases, production to remain strong in 2015

BLOOMINGTON, IN-February trailer orders dropped 26 percent month-over-month to 20,600 units, according to industry analysts FTR Associates. Backlogs for orders eased for the first time in…

Border pre-clearance deal to be signed today

BUFFALO, NY- The U.S. and Canada have agreed to allow trucks going into the U.S. from Canada to clear customs on the Canadian side of the border,…

Class 8 truck market had best February since 2006

BLOOMINGTON, IN- North American truckers ordered 30,900 trucks in February 2015, according to industry analysts FTR Associates. That’s a 12-percent drop in orders since January, but it was still the…

TransForce revenue hits $1-billion for the first time

MONTREAL, QC- Thanks to the completion of a number of acquisitions, including the takeover of Ontario-based Contrans trucking firm, TrandForce’s Q4 profits ballooned to $43.2 million. Alain Bédard, TransForce CEO,…