Economy

Canada Post parcel volumes plunge

Canada Post saw parcel volumes drop by 20 million pieces in the third quarter of the year, representing a $31 million decline in the business. “The reopening of stores for…

More loads, fewer trucks available in Canada’s spot market in October

It was the best October on record for Canadian spot market truckload volumes, according to the latest data from Loadlink Technologies. Loadlink reported an increase in load availability for a…

U.S. vaccine mandate could have “disastrous” effect on capacity: TCA

The U.S. vaccine mandate, if it goes through as proposed, would be a “game changer” with a “disastrous” effect on trucking capacity. That was the message David Heller, vice-president –…

Isaac Instruments CEO highlights year of challenges and successes

The trucking industry has faced a challenging year, but Isaac Instruments can point to achievements including a rapidly expanding team and some of Canada’s first certified electronic logging devices (ELDs).

Trailer orders slump in October as OEMs remain cautious in taking orders

Trailer orders fell 40% in October, and were down 70% year over year, according to preliminary data from ACT Research. The industry forecaster says trailer manufacturers continue to be slow…

Frustrations mount as fleets struggle to procure new iron

It was supposed to be a good year for Ennismore, Ont.-based arborist Treescape Canada. Owner Mike Crough made a major investment in a $600,000 Mack TerraPro with a Palfinger 35-ton…

Legault bets on Quebec-designed electric trucks

Lion Electric president Marc Bedard said at the unveiling of his company’s financial results on November 10 that he wanted to “maintain the advantage of being the first in the…

Lion Electric’s order book swells, but supply chain challenges limit production

Lion Electric delivered another 40 vehicles in the third quarter, and earned revenue of $11.9 million – a $9.3 million jump from the same quarter a year ago. The Quebec-based…

New 400-series highway coming to Ontario

A new 400-series highway will relieve congestion and improve the flow of goods in Ontario’s Halton, Peel, and York regions, the province announced today. “With Halton, Peel and York regions…

Supply chain challenges continue to weigh down Canadian economy

The Canadian economy is growing, but a senior TD Bank Group economist says shortages of everything from labor to semiconductors continue to weigh on the supply chain. While TD expects…

Titanium achieves record revenue, but inflation weighs on profit

Titanium Transportation achieved record revenue in the third quarter, but inflationary pressures and integration costs associated with its acquisition of ITS weighed on profit. The company reported record revenue for…

18 Wheels adds environmentally friendly warehousing space

18 Wheels Warehousing and Trucking is adding 178,00 sq.-ft. of environmentally friendly warehousing in Surrey, B.C. The addition brings its total warehousing space to more than 1 million sq.-ft., which…

Truck orders being canceled, rebooked amid production challenges: FTR

Truck OEMs are canceling and rebooking orders for vehicles in the face of persisting supply chain challenges and worker shortages, the analysts at FTR report. FTR notes the net 24,500…

Truck orders soften but supply chain pressure remains

Truck orders began to pull back in October despite strong economic activity overall, according to preliminary data from ACT Research analysts. North America recorded 23,600 Class 8 orders during the…

CTA promoting industry image in face of truck driver shortage

The Canadian Trucking Alliance (CTA) says it’s preparing the largest industry image campaign in association history, with a Trucking is Changing social media campaign that will begin focusing on young…