Economy

Truck OEMs struggling to keep up with orders

Fleets continued to place large orders in January, while OEMs struggle to keep up with demand due to material shortages. FTR reported preliminary orders of 42,800 units in January, up…

Heniff Transportation buys Premier Bulk Systems

Premier Bulk Systems has a new owner, after being acquired by U.S.-based Heniff Transportation Systems. Premier will continue to operate as a separate Canadian entity led by founder Kevin Berry.

TFI International acquires Fleetway Transport

TFI International has purchased Fleetway Transport, a Brantford, Ont.-based truckload and heavy haul provider. Fleetway operates flatbeds, roll-tites, stepdecks and other equipment as well as providing warehousing and transportation for…

KTG acquires two London trucking businesses

Kriska Transportation Group (KTG) has added two Ontario businesses to its stable: Round The Lakes Motor Express and Ready to Load Logistics. Both companies will operate under current leadership, with…

Transborder truck freight down 7.5%

Trucks moved freight valued at US$62.7 billion between the U.S., Canada and Mexico in November, the U.S. Bureau of Transportation Statistics (BTS) said Thursday. That was down 7.5% from the…

Investment into Port of Prince Rupert to expand capacity

The B.C. Trucking Association (BCTA) is applauding an investment into the Port of Prince Rupert, but has pointed out that its infrastructure priorities remain elsewhere. The provincial government announced it…

Canadian spot market volumes end wild year on a down note

Overall Canadian spot market load volumes on Loadlink were down just 4% in a volatile 2020, while December load volumes dropped 8% from November. Loadlink Technologies said further Covid-related shutdowns…

‘Truckable’ economy on the rise, but faces challenges, economist says

Bob Dieli predicted a “rough ride” for the trucking industry in 2020. Little did he know how rough that ride would be. During last January’s Heavy Duty Aftermarket Dialogue, the…

Aftermarket suppliers preparing for tighter emissions, safety standards for trucks

Aftermarket parts suppliers are preparing themselves for everything from tighter emissions controls to tougher safety standards — along with a “Buy American” mandate — as a new U.S. president takes…

Ontario dump truck market sizzles

The demand for dump trucks has skyrocketed in Ontario following a decision by the provincial government to start enforcing the so-called SPIF regime. In fact, the demand is so high,…

TFI International buys UPS Freight in $800M blockbuster deal

TransForce International has announced it has acquired UPS Freight, the less-than-load (LTL) and truckload divisions of United Parcel Services. Those divisions generated about US$3 billion in revenue last year, and…

Truck tonnage spikes in December, but down overall on the year

For-hire truck tonnage was down 3.3% in 2020, but ended the year on a high note with a 7.4% jump in December, according to the American Trucking Associations For-Hire Truck…

How to crack down on cargo crime

Cargo theft remains one of the greatest challenges facing the trucking industry, and waiting for the cops to put a stop to it simply isn’t an option. That was the…

OEMs scrambling to keep up with surging demand

What a difference a year makes. At the beginning of 2020, commercial vehicle manufacturers were dealing with falling demand for new trucks, while in 2021 the struggle is to ramp…

Trucking conditions pull back from record high

Trucking conditions deteriorated in November from a record high, according to the latest FTR Trucking Conditions Index (TCI). The November reading of 10.26 remains strong, as rising freight rates feed…