Trucking conditions dropped sharply since August: FTR preview image Business Management Trucking conditions dropped sharply since August: FTR December 14, 2018 BLOOMINGTON, Ind. – Trucking conditions in the U.S. continued to slide in October, to a reading of 3.17 on the FTR Trucking Conditions Index. That marks a significant drop since…
Business Management Trucking to grow at slower pace: FTR December 13, 2018 COLUMBUS, Ind. – The surge in truck loadings seen in 2017 and into 2018 has begun to subside, and trucking’s growth is expected to slow in 2019, according to Avery…
Canadian Class 8 truck sales reached 3,225 units in October preview image Canadian Class 8 truck sales reached 3,225 units in October December 13, 2018 TORONTO, Ont. — Class 8 truck orders fell sharply this November to 27,500 units – marking the end of five consecutive months above 40,000 units, FTR reports. It was the…
Volvo enjoys record pace in truck market December 11, 2018 Volvo Trucks North America president Peter Voorhoeve. WASHINGTON, D.C. – Volvo Trucks North America president Peter Voorhoeve says truck sales continue to ride a “very, very good wave”, and projects…
Equipment Class 8 orders slide as OEMs’ 2019 order boards fill up December 5, 2018 Class 8 orders fell sharply in November, to 27,500 units, marking the end of five consecutive months exceeding 40,000 units, according to preliminary data from FTR. November marked the lowest…
Canvec acquires Location RP assets preview image Transportation Canvec acquires Location RP assets December 4, 2018 MONTREAL, Que. — Canvec Leasing has acquired the assets of Location RP, a Montreal-based business that specialized in renting semi-trailers and container chassis. In the process, Canvec increases its fleet…
For Mexican fleet, Canada and U.S. represent opportunity and challenges preview image Business Management For Mexican fleet, Canada and U.S. represent opportunity and challenges December 3, 2018 PUERTO VALLARTA, Mexico – The demise of NAFTA was a worrying experience for Fernando Paez, owner and CEO of Olympic Transport, which has built a successful business out of trucking…
Daimler continues growth in Mexico preview image Equipment Daimler continues growth in Mexico November 30, 2018 PUERTO VALLARTA, Mexico – Freightliner strengthened its Mexican market share in a soft market and is anticipating a stronger end to the year as a new administration takes the helm.
The rules of the game are changing in Mexico preview image The rules of the game are changing in Mexico November 30, 2018 PUERTO VALLARTA, Mexico -- Daimler has 8,000 Daimler employees in Mexico, and now their work will be guided by a new series of rules. But a new USMCA trade deal is only one of them.
Shippers seeing slowly improving conditions: FTR preview image Business Management Shippers seeing slowly improving conditions: FTR November 27, 2018 BLOOMINGTON, Ind. – Conditions for U.S. shippers improved in September, and should improve further into 2019, according to the latest FTR Shippers Conditions Index (SCI). The September reading was -7.6,…
Feds accelerate deductions, invest in trade preview image Transportation Feds accelerate deductions, invest in trade November 23, 2018 TORONTO, Ont. – The Canadian Trucking Alliance is calling accelerated capital costs allowances for tractors and trucks an “early Christmas present,” following this week’s federal economic statement. The typical asset…
Feds pushing postal workers back to work preview image Transportation Feds pushing postal workers back to work November 22, 2018 Each of these strike-stranded trailers at Canada Post’s Gateway plant in Mississauga, Ont., includes 2,500 parcels and packages. OTTAWA, Ont. – Parcels will soon be back on the move at…
Quebec attracting small share of immigrant truck drivers preview image Quebec attracting small share of immigrant truck drivers November 22, 2018 This year alone, Recruitment Conseil International (RCI) has helped more than 150 French truckers to find work in Quebec. (Photo: Marco Girardin) MONTREAL, Que. – Quebec is not alone in…
Equipment Trailer order backlogs continue to grow November 21, 2018 COLUMBUS, Ind. – Trailer backlogs are now stretched out to the second quarter of 2019, according to ACT Research. This on the heels of the strongest third quarter for orders…
Race to beat tariffs causes truck tonnage spike preview image Business Management Race to beat tariffs causes truck tonnage spike November 20, 2018 ARLINGTON, Va. – U.S. for-hire truck tonnage spiked 6.3% in October, posting a year-over-year increase of 9.5%. “After slowing at the end of the third quarter, truck freight surged in…