Spot market pressures to persist: ACT preview image Business Management Spot market pressures to persist: ACT October 10, 2019 COLUMBUS, Ind. – Spot market pressure is expected to persist, as more trucking capacity comes online, according to ACT Research’s Freight Forecast. The industry forecaster said it expects excess capacity…
Equipment September marks all-time high for Class 8 retail sales October 9, 2019 BLOOMINGTON, Ind. – September set an all-time record for Class 8 retail truck sales, according to FTR. U.S. Class 8 retail sales totaled 28,200 units, up 4% from the previous…
Business Management Munden Ventures makes key acquisition October 9, 2019 KAMLOOPS, B.C. – Munden Ventures has acquired the transport division of B.C.-based company Rapid Cool, taking over its reefer, truck heating and cooling, and auxiliary power unit business servicing the…
Manitoulin opens Kingston terminal preview image Business Management Manitoulin opens Kingston terminal October 9, 2019 KINGSTON, Ont. – Manitoulin Transport has celebrated the grand opening of a new terminal in Kingston, Ont. Located at 1265 McAdoo Lane, Glenburnie, Ont., the new facility will help Manitoulin…
ATRI identifies Top 10 concerns in trucking October 9, 2019 SAN DIEGO, Calif. – For the third year in a row, the driver shortage topped the list of industry concerns, as compiled by the American Transportation Research Institute (ATRI).
ATA president calls for improvements to NAFTA during MCE keynote address preview image Infrastructure ATA president calls for improvements to NAFTA during MCE keynote address October 7, 2019 SAN DIEGO, Calif. – In a spirited keynote address, American Trucking Associations (ATA) president and CEO Chris Spear urged those in trucking to “get out and kick some ass” in…
Volvo makes headway in Canadian market preview image Business Management Volvo makes headway in Canadian market October 6, 2019 SAN DIEGO, Calif. – Volvo Trucks North America (VTNA) highlighted its success in Canada during the American Trucking Associations’ Management Conference and Exhibition today, saying it now owns a 13.9%…
Regulations FMCSA says infrastructure upgrades will stoke already hot U.S. economy October 6, 2019 SAN DIEGO, Calif. – The American Trucking Associations’ (ATA) annual Management Conference (MCE) and Exhibition opened on a positive note yesterday, painting an economic picture that has benefited the industry…
Transportation Class 8 orders up, medium-duty down in September October 3, 2019 COLUMBUS, Ind. – Preliminary Class 8 truck orders totaled 12,600 units in September, a 13% increase from August. Classes 5-7 orders were down 9.4% at 17,300 units, according to ACT…
Transportation Fares for commercial trucks using B.C. Ferries could increase 2.3% annually October 2, 2019 VICTORIA, B.C. – Rates for the use of B.C. Ferries could go up by a maximum of 2.3% annually from April 1, 2020 to March 31, 2024, including for commercial…
Kriska buys Trailwood Transport, Nexus preview image Business Management Kriska buys Trailwood Transport, Nexus October 2, 2019 PRESCOTT, Ont. – Kriska Transportation Group (KTG) has acquired Trailwood Transport and Nexus Freight, both operating out of Alliston, Ont. The two fleets will continue to be led by general…
Shipper conditions remained positive in July preview image Transportation Shipper conditions remained positive in July October 1, 2019 BLOOMINGTON, Ind. – Conditions for U.S. shippers cooled in July to a still-positive 4.3 reading, according to FTR’s Shippers Conditions Index. The index pulled back from a reading of 8.8…
Class 8 truck market to see ‘significant correction’: ACT preview image Equipment Class 8 truck market to see ‘significant correction’: ACT October 1, 2019 COLUMBUS, Ind. – The Class 8 truck market is moving into a significant correction next year, according to ACT Research. The medium-duty truck market remained soft in July, indicating it…
Supply Chain Truck convoy brings attention to B.C.’s ailing forestry sector September 27, 2019 VANCOUVER, B.C. – B.C.’s logging industry is hemorrhaging, and a recent truck convoy in Vancouver aimed to shed some light on job losses in the forestry sector. With more than…
Transportation Geotab unveils accelerator for startups September 26, 2019 TORONTO, Ont. – Geotab has unveiled Torque Labs, a smart cities and transportation accelerator program designed to supply start-up businesses with funding, mentors, coaches, and access to Geotab resources. Innovations…