Economy

Capacity increasing in Canadian spot market

TORONTO, Ont. – There were more trucks chasing every load in the Canadian spot market in October than in two years, according to TransCore Link Logistics. Truck capacity reached an…

Brace for rougher 2019: Mark Seymour

BRAMPTON, Ont. — “Fasten your seatbelts in 2019, we’re going to be in for maybe a little bit of a rough ride.” That was the sobering warning from Mark Seymour…

Trailer orders continue at torrid pace

COLUMBUS, Ind. – Trailer orders remained hot in October, with 55,250 units ordered, the second best month in history right on the heels of the all-time record set in September.

Have trucking conditions peaked?

BLOOMINGTON, Ind. – Trucking conditions in the U.S. worsened in September, to their lowest level in a year, according to the FTR Trucking Conditions Index. It’s the first time the…

Inland moves into Saskatchewan and Manitoba with recent acquisition

BURNABY, B.C. – Inland Kenworth extended its dealership network into Saskatchewan and Manitoba with the acquisition of Custom Truck Sales (CTS). “We chose CTS because our companies hold similar values…

Titanium posts strong Q3 earnings

BOLTON, Ont. – Titanium saw its revenue climb 42% in the third quarter, while netting a profit of $1.1 million. Truck transportation EBITDA climbed 59% to $4.2 million in the…

Canadian shipping costs continue to rise

TORONTO, Ont. – The total cost of ground transportation for Canadian shippers rose 2% in August, according to the latest Canadian General Freight Index. The base rate was up 2.3%,…

Brandt purchases specialty transportation equipment company

REGINA, Sask. – Regina’s Brandt Group of Companies plunged into the specialty transportation equipment sector with the purchase of Camex Equipment Sales and Rentals. “This is an exciting acquisition for…

Feds commit to cleaning up Driver Inc.

MISSISSAUGA, Ont. – The federal government is looking to stop employers from misclassifying employees as a way to avoid source deductions or other labor obligations – a process the trucking industry has come to know as Driver Inc.

Daimler forecasts 440,000 Class 6-8 trucks

AUSTIN, Texas -- Roger Nielsen, CEO of Daimler Truck North America, discussed electrification, autonomy, the state of the economy and the supply chain during a round table at the American Trucking Associations Annual Management Conference and Exhibition in Austin, Texas.

‘No reason to worry’ about slowing economy: Costello

The ATA’s Bob Costello says truck sales aren’t adding to capacity, and he challenges the idea that higher wages would solve the driver shortage. AUSTIN, Texas – Bob Costello, the…

Infrastructure and the cost of doing nothing

AUSTIN, Texas – Everyone knows the U.S. economy is humming, so the popular All Eyes on the Economy session at the American Trucking Associations (ATA) Management Conference & Exhibition was…

Spear goes on offensive in ATA address

AUSTIN, Texas – American Trucking Associations president and CEO Chris Spear went on the offensive during his annual state of the industry address today, calling for changes to everything from minimum driving ages to new drug testing tools and a massive infrastructure investment.

‘Canada has gone fantastic,’ says Volvo exec

AUSTIN, Texas – As Volvo Trucks expands its market share around the world, some of the biggest gains in North America appear to have been realized in Canada. "It’s exciting times,” said Peter Voorhoeve, recently named president of Volvo Trucks North America.

Mullen Group achieves record trucking profit

OKOTOKS, Alta. – Mullen Group’s trucking and logistics segment achieved record revenue and profit in the third quarter. The segment now makes up about 70% of Mullen Group’s revenue, a…