Economy

Mullen Group overcomes challenges to post record Q1 revenue

Mullen Group overcame a variety of challenges in the first quarter to post record revenue as well as improved year-over-year profits. Border blockades, high absenteeism associated with Covid, and significant…

Navistar upgrades Huntsville plant for new integrated powertrain

Navistar has announced plans to build an integrated powertrain at its recently expanded plant in Huntsville, Ala. The truck and engine maker broke ground on the 110,000 sq.-ft. expansion in…

Used Canadian truck prices soar in Q1

Canada’s used truck tractors are commanding values 50% higher than those paid a year ago, Ritchie Bros. reports. The figure reflects sales in the first quarter of 2022, compared to…

Shippers face toughest month on record

Conditions for U.S. shippers turned sharply downward in February, ahead of what’s expected to be further deterioration in March, according to the FTR Shippers Conditions Index. The index plummeted to…

Transrapide ceases trucking operations to focus on warehousing

After 10 years in business, Levis-based Groupe Transrapide has announced it is ending its trucking operations to focus on warehousing. “We are now reorienting our transportation activities to become a…

U.S. spot market cooling

Spot market rates and load volumes in the U.S. are falling as fuel prices skyrocket. DAT reported dry van freight volumes were up 23% in March compared to the previous…

Kenworth constructing new test building at Chillicothe plant

Kenworth is investing US$45 million into its Chillicothe, Ohio, truck plant, adding a 105,000 sq.-ft. test building. The expansion will grow the facility’s footprint by 17%. The plant is located…

KeepTruckin rebrands as Motive to reflect broader focus

KeepTruckin has rebranded as Motive as the tech company expands into agriculture, manufacturing, construction, field services and other sectors beyond trucking. “Changing our name to Motive better reflects the diversity…

Lineage Logistics purchasing Versacold

Lineage Logistics is buying Versacold Logistics Services from Torquest Partners and its investment partners, the Investment Management Corporation of Ontario, and Optrust. Financial terms of the transaction were not disclosed. Founded…

Trailer order backlogs stretching into December, ACT Research says

Demand for trailers remains strong in the U.S., with February’s net orders reaching levels not seen since December 2020. The 37,900 units booked during the month were up 40% over…

Navistar’s Fleetrite expands with new Alberta, B.C. and Quebec locations

Fleetrite has expanded its retail footprint to 31 locations, adding new sites in Alberta, British Columbia and Quebec. Navistar’s all-makes and models aftermarket truck and bus parts brand has partnered…

Torc Robotics tackling more complex driving scenarios in autonomous testing

Daimler Truck says its independent subsidiary, Torc Robotics, is making significant progress towards automating trucking in the U.S. It has expanded testing in the U.S. to include surface streets, ramps,…

18 Wheels expands in Vancouver area

18 Wheels Warehousing and Trucking has opened a new 176,000-sq.-ft. warehouse in the Campbell Heights area of Surrey, B.C. The company says the timing couldn’t be better, with a lack…

Associations welcome changes to TFW program

Updates to Canada’s Temporary Foreign Worker (TFW) program could streamline the processes used by fleets that regularly use it to source employees – as long as they can prove they…

Data may suggest growth in Driver Inc. businesses, says OTA

The number of trucking businesses without employees is surging in Ontario’s Peel and Halton regions – a trend the Ontario Trucking Association (OTA) sees as a potential sign of growth…