Economy

Isaac to fleets: Protect your data

MONTREAL, Que. – In the lead-up to his presentation about the importance of securing data, Isaac Instruments president Jacques DeLarochelliere urged participants to watch a trailer of the Netflix docudrama…

Trucking remains focused on safety

TORONTO, Ont. – More than eight months after the pandemic struck, the trucking industry is still focused on keeping employees safe, human resource managers said Thursday. They also told the…

ECONOMIC WATCH: Canadian spot market load volumes increase for sixth consecutive month

TORONTO, Ont. – Loadlink Technologies has reported overall spot market load volumes increased 2% in October, with load postings up 18% year-over-year. Freight volumes were similar to pre-pandemic levels recorded…

Trucking HR warns of looming labor shortages

OTTAWA, Ont. – Truck drivers have faired better through the Covid-19 pandemic than the average Canadian worker, Trucking HR Canada said in a labor market update released Tuesday. “Although…

Truck arrivals up 2.5% during Nov. 9-15

OTTAWA, Ont. – There was a 2.5% rise in the number of truck drivers entering Canada during the week of Nov. 9-15, the Canada Border Services Agency said late Tuesday.

ECONOMIC WATCH: Consumer spending causing ‘unprecedented’ rate increases

COLUMBUS, Ind. – ACT Research has reported favorable rates and volumes for carriers, as consumers turn their attention to spending on goods rather than services. “The substitution of spending to…

ECONOMIC WATCH: October third best month ever for trailer orders

COLUMBUS, Ind. – The industry booked 54,200 trailers in October, according to preliminary data from ACT Research, making it the third best month ever. It displaced September from its one-month…

Truck arrivals drop slightly

OTTAWA, Ont. – There was a marginal decrease in the number of truck drivers entering the country during the week of Nov. 2-8, the Canada Border Services Agency said Thursday.

ECONOMIC WATCH: Freight TSI up 0.8%

WASHINGTON, D.C. – The Freight Transportation Services Index (TSI) rose 0.8% in September from August, rising after a one-month decline, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS)…

Titanium posts record revenues, initiates dividend

BOLTON, Ont. – Titanium Transportation posted record quarterly revenue in the third quarter, benefiting from strong performance by the U.S. logistics operations and improving rates in the U.S. Revenue surged…

OTA welcomes provincial budget’s infrastructure investments

TORONTO, Ont. – The Ontario Trucking Association (OTA) is welcoming provincial infrastructure investments announced in today’s budget. Funding was confirmed for the Bradford Bypass and the Greater Toronto Area West…

CBSA: Truck arrivals rose 2% last week

OTTAWA, Ont. – More than 115,000 truck drivers entered the country during the week of Oct. 26-Nov. 1, up 2% from 113,000 in the comparable period last year, the Canada…

CTA monitoring CBSA systems-related border delays

OTTAWA, Ont. – The Canadian Trucking Alliance (CTA) is monitoring Canada Border Services Agency (CBSA)-related delays at the border, and hopes to see a resolution by Friday. Trade-related data processing…

ECONOMIC WATCH: Class 8 orders surge on renewed fleet optimism

BLOOMINGTON, Ind. – Class 8 orders surged to 40,100 units in October, marking the first month over 40,000 since October 2018. Preliminary data from FTR showed orders up 26% from…

What drives trucker compensation low?

TORONTO, Ont. – In his groundbreaking book Sweatshops on Wheels, published at the turn of the century, Michael H. Belzer argued that truck driver compensation was so low because the…