Economy

Truck tonnage surges in U.S.

ARLINGTON, VA - American Trucking Associations truck tonnage Index climbed 3.5% in November to a record high of 136.8.

More lanes, rest stops on B.C. truckers’ wish-list

LANGLEY, B.C.- Based on input from members, the B.C. Trucking Association (BCTA) submitted a list to the B.C. Ministry of Transportation, prioritizing transportation infrastructure investments. Here are the BCTA’s top…

Canadian Shippers See Freight Costs Rise Again

TORONTO – Freight costs continue to rise for Canadian shippers, according to results published today by the Canadian General Freight Index (CGFI). Ground transportation increased 0.8 percent in January over…

Confederation Bridge closed to vehicle traffic

CHARLOTTETOWN — Confederation Bridge officials are restricting the bridge to vehicles because of heavy winds. For user safety, trucks, tractor-trailers, buses, automobiles towing trailers, and motorcycles…

Container drivers to meet about port pricing

SURREY, BC - Drivers' union says wages and trip rates negotiated in spring are not being honoured.

No more fuel surcharge on BC Ferries

LANGLEY, B.C.- B.C. Ferries has removed its 3.4 percent fuel surcharge, thanks to decreasing prices for diesel fuel, according to the B.C. Trucking Association. BC Ferries had introduced…

Mullen Group to invest $40M in replacement capital

OKOTOKS, AB - Company announces 2015 business plan with cautions about new challenges for the oil and natural gas industry.

Wabash to buy back $60M in common stock

LAFAYETTE, IN - Maker of semi-trailers says buy-back is based on earnings, cash flow, and growth potential.

FedEx ups profit by 23%, invests in e-commerce

MEMPHIS, TN- Trucking and package delivery giant FedEx Corp. reported a 23-percent jump in profit for its fiscal year second quarter.

200 Peterbilt trucks to be converted to natural gas

ATLANTA, GA- Synergy Natural Resources, a firm that specializes in the supply and transportation of bulk aggregate materials, announced a deal with truck-maker Peterbilt to convert 200 trucks to liquefied natural gas.

U.S. Senate approves tax credits for trucking industry

WASHINGTON, DC - President expected to sign bill that would save trucking industry millions for things like buying trucks and using alternative fuels.

Construction on section of Toronto Gardiner to finish early

TORONTO- Toronto Mayor John Tory announced that construction on a section of the Gardiner Expressway will finish two months ahead of schedule at an extra cost of $2-million.

North America a bright spot for Volvo Group truck sales

Göteborg, Sweden - November 2014 deliveries from the Volvo Group's truck operations is up 21% in North America but down worldwide down 10% from November 2013.

Confederation Bridge tolls rise for second year in a row

CHARLOTTETOWN, P.E.I.- Come January, drivers will pay slightly more to cross the Confederation Bridge. As of January 1, 2015, round-trip toll rates will be: $45.50 for…

CSX opens new terminal near Montreal

JACKSONVILLE, FL – CSX has announced the opening of a new intermodal terminal in Salaberry-de-Valleyfield, near Montreal, Que. The facility expands CSX’s intermodal network capacity and offers Canadian customers domestic…