Economy

Freight indicators suggest the worst is in trucking’s rearview mirror

TORONTO, Ont. – The worst of trucking conditions wrought by the Covid-19 pandemic may be in the rearview mirror, but the recovery could be choppy. In its most recent Commercial…

CTA calls for easing of CEWS wage subsidy restrictions

TORONTO, Ont. – The Canadian Trucking Alliance (CTA) is calling on the federal government to ease restrictions on the Canadian Emergency Wage Subsidy (CEWS), in a bid to support more…

Canada Post, Purolator profits down in Q1

OTTAWA, Ont. – Canada Post lost $66 million before taxes in the first quarter of the year, with a growth in parcels and volumes unable to offset increased costs as…

Joseph Haulage acquires Bergland Transport

MOUNT ELGIN, Ont. – Joseph Haulage Canada has announced that it has acquired Bergland Transport, a 20-truck bulk fleet headquartered in Mount Elgin, Ont. “Founded in 1998 by John and…

New CN intermodal lane to reduce container truck traffic

MONCTON, N.B. – CN is offering a new intermodal service between Moncton and Halifax, it says will reduce shorthaul trucking in Halifax. “This intermodal service will play a key role…

ECONOMIC WATCH: Canadian spot market likely bottomed in April

TORONTO, Ont. – Canada’s spot market load volumes took a dive in April, with overall load volumes on Loadlink down 56% from March and 38% year-over-year. But TransCore Link Logistics…

Layoff approaches, relationships key to the return of furloughed drivers

MONTREAL, Que. — For a host of different reasons, a large number of trucking companies have had to downsize because of the economic impact of Covid-19. But the early approach…

ECONOMIC WATCH: B.C. fleets face massive Covid-19 revenue losses

LANGLEY, BC – Surveyed members of the BC Trucking Association (BCTA) are reporting a 29.8% drop in revenue due to Covid-19 – representing a further 9.3% drop since March. The…

Business groups want Canada, U.S. to collaborate on Covid-19 response

WASHINGTON, D.C. – A coalition of 27 groups representing businesses and communities in the U.S. and Canada today issued a joint statement calling for a unified approach to managing the…

ECONOMIC WATCH: Trucking conditions nosedived in March

BLOOMINGTON, Ind. – Trucking conditions deteriorated in March, marking the start of negative Trucking Conditions Index readings that will likely lead into the worst quarter on record, FTR reports. (Chart:…

Trucking is in vogue, thanks to drivers

OTTAWA, Ont. – Truck drivers have helped boost the image of the industry because of the role they play in keeping the economy running during the Covid-19 crisis, according to…

Quebec truck driving instructors protest Covid-19 layoffs

MIRABEL, Que. — About 40 truck driver training instructors from Centre de formation en transport de Saint-Jérôme (CFTR) took to the streets yesterday to protest their layoffs associated with Covid-19.

Canada, U.S. extend border restrictions until June 21

OTTAWA, Ont. – Canada and the U.S. have agreed to keep the border closed to all non-essential travel until June 21, Prime Minister Justin Trudeau announced Tuesday. Photo: CBSA The…

ECONOMIC WATCH: Truck tonnage plummets most in 26 years

ARLINGTON, Va. – U.S. for-hire truck tonnage plummeted 12.2% in April, according to the latest data from the American Trucking Associations (ATA). “April’s monthly decline was the largest in 26…

18 Wheels Logistics expands in B.C.

DELTA, B.C. – 18 Wheels Logistics opened a new 70,000 sq.-ft. facility in Delta, B.C. May 15, offering warehousing, trucking, co-packing and RFID scanning capabilities. The company told Today’s Trucking…