Economy

Maritime Truckers Fear New Ferry Will Leave Them Behind

SAINT JOHN, N.B.- Truckers in Atlantic Canada are concerned the replacement ferry on the Saint John, New Brunswick to Digby, Nova Scotia route won't be able to handle commercial traffic on the route.

NAFTA Freight Jumps Another 8.2%

WASHINGTON, D.C. - Truckers hauled 8.2 percent more freight between Canada, the U.S. and Mexico in September 2014 than in September 2013, according to the U.S. Transportation Department.

Manitoulin Global Forwarding buys Canfleet

MISSISSAUGA, Ont. – Manitoulin Global Forwarding has purchased Canfleet Logistics Ltd., of Vancouver, B.C. The deal is the latest of a number of investments Manitoulin has made in Western Canada…

UPDATE: Massive trucking deals moving forward

TORONTO – A couple of significant deals in the trucking world, announced earlier this summer, are progressing smoothly according to statements released this morning. Transforce-Contrans In Montreal, TransForce announced that…

Trailer Wizards Buy Ontario-Based Bryant Trailer Services

MISSISSAUGA, ON – Trailer Wizards bought independent truck and trailer repair company in Southern Ontario, Bryant Trailer Services.

Acquisition of Renold’s ‘good fit’ for Searcy Trucking

WINNIPEG, MB – An executive with Winnipeg-based Searcy Trucking Ltd. says the company’s acquisition of Renold’s Transport Ltd. was a good fit for both parties. “There are lots of synergies here,”…

Used Truck Market Makes Few Gains in October

COLUMBUS, IN - North American truckers bought about the same number of used trucks in October as they had in September, according to ACT Research. Class 8 used truck sales rose one percent in October compared to September 2014.

Truckers Buckle Up for Busy Holiday Season

MISSISSAUGA, ON - Canadian truckers might want to get ready for a busy holiday season this winter because more folks in Western Canada plan to buy their gifts online, a new poll shows.

Ground Transportation Costs Keep Slipping

TORONTO- The total cost of ground transportation for Canadian shippers dropped another 0.83 percent in September from August, according to the Canadian General Freight Index.

Trailer Orders Hit All-Time High in October

COLUMBUS, IN –  North American truckers ordered 47,810 trailers in October, which is 90 percent higher than last year.  “October net orders were up more than 90 percent…

Toronto’s Plan for Narrower Lanes May Be Risky: OTA

TORONTO - The City of Toronto is considering narrowing some street lanes to slow down drivers and make the streets safer, but the Ontario Trucking association cautions that reducing lane width might increase the risk of collisions.

Mullen’s Second-Biggest Deal: $172M to Buy Gardewine

OKOTOKS, AB- Alberta-based trucking company Mullen Group Ltd. said it'll pay $172 million cash to buy Winnipeg-based transport company Gardewine Group Limited Partnership.

B.C. Truck Driver Sued Over Mountie’s Death

VANCOUVER, B.C. – Canada’s attorney general, basically the Crown’s  chief law officer, is suing a Surrey truck driver over a crash that killed a Mountie in 2012. Const.

Joe Johnson Equipment Now Offers MAC Trailers

Barrie, ON – Joe Johnson Equipment (JJE), a provider of refuse and infrastructure-maintenance equipment now offers MAC Trailers to municipalities…

UPS Sees Bright 2015 and Beyond

ATLANTA, GA-Trucking, parcel and logistics service provider UPS has forecasted earnings per share to increase next year by 10 to 15 percent and revenue to grow five-to-six percent over this…