Economy

Report calls for changes to B.C. Container Trucking Act

VANCOUVER, B.C. – An independents study on the off-dock container movements at the Port of Vancouver is calling for changes to the Container Trucking Act to improve fairness and efficiency…

Truck arrivals plunge 16%

OTTAWA, Ont. – Nearly 19,000 fewer truck drivers entered the country during the week of Sept. 7-13, compared to the same period a year ago, the Canada Border Services Agency…

Indicators point to strengthening trucking market

WASHINGTON, D.C. – Covid-19 brought on the worst recession in U.S. history, but the recovery is underway and economic conditions should return to pre-Covid levels by late next year. Jim…

Dropped aluminum tariffs ease equipment manufacturer concerns

OTTAWA, Ont. – The U.S. has backed away from its latest tariffs on aluminum, just hours before Canada was widely expected to retaliate with $3.6 billion in retaliatory tariffs. “It…

ECONOMIC WATCH: U.S. trailer orders jumped in August

COLUMBUS, Ind. – U.S. trailer industry booked 27,500 net orders for August, a 46% improvement from July and more than 150% better than the same month last year, ACT Research…

Best tariff countermeasure might be no tariff: CTEA

TORONTO, Ont. – Canadian equipment manufacturers once again find themselves in the crossfire of a trade war thanks to recent U.S. sanctions on aluminum and Canadian retaliatory measures widely expected…

‘Old school’ disruption shakes trucking industry

BLOOMINGTON, Ind. – Society and industry have come to think of disruption as a positive change associated with innovation, but what the trucking industry is experiencing now is “old school”…

ECONOMIC WATCH: Trucking conditions remained favorable in July

BLOOMINGTON, Ind. – U.S. trucking conditions remained positive through July, as the economic recovery continued and carriers enjoyed strengthening freight rates. FTR’s Trucking Conditions Index read 2.84 in July, down…

Truck arrivals rise 7%

OTTAWA, Ont. – In yet another sign of a trucking industry rebound, the number of truck drivers entering the country rose 7% during the week of Aug. 31 – Sept.

First truck off Navistar’s San Antonio line will be fully-electric

LISLE, Ill. – Navistar International posted a third quarter net loss of US$37 million, as revenues plunged 45% year-over-year primarily due to the Covid-19 pandemic. “Our fiscal third quarter opened…

TFI cements CCC purchase, adds to earlier Comcar acquisitions

MONTREAL, Que. – TFI International has acquired CCC Transportation, known primarily as a bulk carrier that operated as a subsidiary of Comcar Industries. The US $6.8-million deal includes associated real…

ECONOMIC WATCH: Class 8 orders continued climb in August

BLOOMINGTON, Ind. – Class 8 truck orders continued to climb in August, according to preliminary data from FTR, totaling 20,500 units. Numbers were up 3% from July and 90% from…

Mullen Group purchases remainder of Pacific Coast Express

OKOTOKS, Alta. – Mullen Group has completed its purchase of Pacific Coast Express (PCX), acquiring the remaining 60% of its shares. Mullen initiated the purchase by taking an equity position…

Port commissioner defends unlicensed off-dock trucking

VANCOUVER. B.C. – The controversy surrounding unlicensed off-dock trucking at the Port of Vancouver deepened this week, with the Office of the B.C. Container Trucking Commissioner (OBCCTC) defending the work.

Truck arrivals drop again

OTTAWA, Ont. – The number of truck drivers entering the country fell 2% to 111,929 during the week of Aug. 24-30 from 114,172 in the comparable period a year ago,…