Business Management Conditions improving for shippers: FTR January 25, 2019 BLOOMINGTON, Ind. – Conditions for shippers continued to improve in November, with softening rates and lower fuel prices. November marked the first positive reading to the FTR Shippers Condition Index…
Ontario to roll out scale bypass technologies preview image Mobile and IT Ontario to roll out scale bypass technologies January 24, 2019 Technologies will pre-screen and pre-clear trucks, based on their condition and compliance rates
Backlogs to blame for slowdown in Class 8 orders preview image Equipment Backlogs to blame for slowdown in Class 8 orders January 23, 2019 COLUMBUS, Ind. – Demand for heavy trucks remains strong despite a slowdown in orders, according to ACT Research. Three drivers include: the fact the freight rate markdown is from record…
‘Banner year’ for truck tonnage comes to end preview image Business Management ‘Banner year’ for truck tonnage comes to end January 22, 2019 ARLINGTON, Va. – U.S. for-hire truck tonnage dipped 4.3% in December, but closed out the full year 2018 up 6.6% compared to 2017. That marked the largest annual gain since…
Trimac acquires B&B/Bess Tank Lines preview image Transportation Trimac acquires B&B/Bess Tank Lines January 22, 2019 CALGARY, Alta. – Trimac Transportation has announced it has acquired B&B/Bess Tank Lines, a family-run bulk transportation company with roots in Quebec and Alberta. B&B was founded in 1976, and…
Transportation ‘Sectoral recessions’ likely in 2019: ACT Research January 22, 2019 COLUMBUS, Ind. – The commercial vehicle market remains strong, but the U.S. economy is expected to decelerate, according to a report from ACT Research. ACT’s Transportation Digest noted Class 8…
Hiway and Eskimo Refrigeration changes name to ColdFront preview image Business Management Hiway and Eskimo Refrigeration changes name to ColdFront January 17, 2019 VANCOUVER, B.C. – Following last year’s merger, Hiway and Eskimo Refrigeration will change its name to ColdFront as part of the company’s rebranding initiative. “By building on the legacy of…
Equipment Trailer orders smashed previous records in 2018 January 16, 2019 BLOOMINGTON, Ind. – It’s official: 2018 was by far the best year ever for trailer orders. FTR reported data showing the year ended with 28,000 units ordered in December, a…
Canadian spot market load volumes set record in 2018 preview image Business Management Canadian spot market load volumes set record in 2018 January 16, 2019 TORONTO, Ont. – It was a record year for Canadian spot market load volumes in 2018, but the capacity crunch appears to be easing. TransCore Link Logistics reported the fourth…
Inland Kenworth opens in Castlegar preview image Business Management Inland Kenworth opens in Castlegar January 14, 2019 CASTLEGAR, B.C. – Inland Kenworth has opened a new parts and service facility in Castlegar, B.C. The location boasts 19,000 square feet of space, featuring a 9,500 sq.-ft. service department…
ACT Research: Yellow lights are flashing preview image Business Management ACT Research: Yellow lights are flashing January 14, 2019 COLUMBUS, Ind. – ACT Research has reported yellow lights are flashing for the U.S. economy, and by extension, for the North American commercial vehicle industry. “Over the course of Q4…
Teamsters looks to block foreign worker bid preview image Transportation Teamsters looks to block foreign worker bid January 11, 2019 MISSISSAUGA, Ont. – Teamsters Canada is slamming the Ontario Trucking Association’s (OTA) bid to bring in foreign workers to help address a driver shortage – stressing instead that the focus…
Trucking conditions bounce back in November preview image Business Management Trucking conditions bounce back in November January 11, 2019 BLOOMINGTON, Ind. – Deteriorating trucking conditions bounced back in November, thanks to a slightly firmer rate environment and lower diesel prices, according to the latest FTR Trucking Conditions Index. The…
Business Management Freight market returning to ‘normal’: FTR January 10, 2019 INDIANAPOLIS, Ind. – The fundamentals driving 2019 freight demand remain “relatively healthy” and should result in a growing, but not explosive, transport sector. That was the assessment of Avery Vise,…
Husky Energy considers selling commercial fuels business preview image Business Management Husky Energy considers selling commercial fuels business January 9, 2019 CALGARY, Alta. – Husky Energy is considering selling off its commercial fuels and Canadian retail business, as well as its Prince George Refinery. The company made the announcement Jan. 8,…
