Economy

Rosenau Transport sold to Royal Mail for $360M

General Logistics Systems (GLS), a subsidiary of Britain’s Royal Mail, is acquiring Rosenau Transport – one of Alberta’s most prominent carriers. The $360-million deal gives GLS Canada both a national…

Nikola partners with TC Energy on hydrogen

Nikola Corporation will partner with Alberta-headquartered TC Energy Corporation to develop, build, operate and own hydrogen production hubs in the U.S. and Canada – focusing on key geographic locations to…

18 Wheels Logistics launches beverage distribution division

18 Wheels Logistics has added a new division, focused on beverage warehousing, co-packing and transportation. The new division has been dubbed Drinx Logistics. “At Drinx Logistics, we’re a full-service alcohol…

Andlauer Healthcare buys remainder of Skelton USA, adds Boyle Transportation

Andlauer Healthcare Group (AHG) has announced it is buying the remaining 51% of Skelton USA, as well as 100% of Boyle Transportation in the U.S. The Boyle Transportation deal is…

Class 8 order pullback due to lack of supply, not diminishing demand

FTR reported preliminary Class 8 orders of 28,100 units in September, down 29% from August and 12% year over year. However, the industry forecaster says the pullback is due to…

Kriska acquires Transport N Service

Kriska Transportation Group (KTG) has acquired Transport N Service, an LTL and truckload fleet based in Guelph, Ont. The acquisition adds 90 tractors and 170 trailers to KTG’s fleet, and…

ExpoCam truck show attracts thousands (Photo gallery)

The 2021 edition of the ExpoCam national trucking show attracted 4,374 people to Espace Saint-Hyacinthe on Sept. 22 and 23 — including 3,120 industry buyers and 1,254 exhibitors. This was…

Shippers saw some relief in July, but conditions still tough

U.S. shippers finally felt some relief in July, as their conditions improved from -12 in June to -8.07, as indicated by FTR’s Shippers Conditions Index (SCI). July marked the best…

Groupe Morneau acquiring General Cartage

Groupe Morneau is acquiring Toronto-based General Cartage, an LTL carrier, effective Oct. 1. While already active in Toronto in 20 years, building its presence in eastern Canada’s LTL sector, Groupe…

Freight markets remain strong, but first signs of clouds on the horizon

ACT Research reports that freight and commercial vehicle markets are likely to remain hot, but “there might be a cloud or two on the horizon.” Jim Meil, industry analyst, noted…

Trucking conditions remain strong as drivers gradually return

FTR’s Trucking Conditions Index (TCI), which measures the health of the trucking industry, remained elevated in July but eased from prior months. The 10.78 reading was below June’s 12.61 rating,…

Truck tonnage rises slightly in August, demand remains strong

U.S. for-hire truck tonnage rose 0.5% in August, on the heels of a 1.1% decline in July, according to the latest data from the American Trucking Associations (ATA). “August’s monthly…

Canadian used truck prices up in Q3: Ritchie Bros.

Used truck prices sold through Ritchie Bros. auctions continued to increase in the third quarter, but Canadian prices are showing signs of flattening. Canadian truck tractor prices (Source: Ritchie Bros.)…

Quebec leads Canada’s spot market growth in third quarter

Quebec has been the strongest performer in Canada’s spot market in the third quarter, according to August data from Loadlink Technologies. Both Ontario and Western Canada saw a large jump…

How trucking can add capacity without adding trucks or drivers

How does a capacity-constrained trucking industry add capacity and productivity without access to new drivers, and even trucks? That was the question put forth by FTR during its most recent…