Economy

TFI International improves margins, profit

MONTREAL, Que. – A strong trucking market allowed TFI International to boost its margins and profits in the second quarter. The company reported Q2 net income of $80.4 million on…

Trucking business drives Mullen’s Q2 growth

OKOTOKS, Alta. – Mullen Group’s increase in revenue was “all on the back of the trucking/logistics segment,” according to chairman and CEO Murray Mullen when discussing Q2 results with analysts…

Amazon to open two new distribution centers

CALEDON, Ont. – For the second time this month Amazon has announced a new fulfilment center in Ontario, with centers set to open in Caledon and Ottawa by the end…

Canadian shipping costs rose in May: CGFI

TORONTO, Ont. – The cost of ground transportation for Canadian shippers increased 0.5% in May, according to the latest Canadian General Freight Index (CGFI) from Nulogx. The base rate was…

Mullen reports record trucking/logistics revenue

OKOTOKS, Alta. – Mullen Group reported record revenue for its trucking/logistics segment in the second quarter, up 19.8% year-over-year to $219.4 million. Its total revenue was $295.7 million, an increase…

Canadian spot market remains strong in Q2

TORONTO, Ont. – Canadian spot market load volumes through the first half of 2018 were up 43% over the same six months in 2017, according to TransCore Link Logistics’ Freight…

CTA lauds premiers calling for consistent ELD regulations

SAINT ANDREWS, N.B. – The Canadian Trucking Alliance (CTA) is applauding Canada’s premiers on their efforts to reduce trade barriers and tackle issues important to trucking. The country’s first ministers…

Truck tonnage to remain at “very high levels”: ATA

ARLINGTON, Va. – U.S. for-hire truck tonnage dipped 0.4% in June, but was up 7.8% year-over-year. The American Trucking Associations (ATA) reported the y-o-y gain was higher than the 7.4%…

First Ministers’ meeting discusses standardizing super singles and weight regulations

SAINT ANDREWS, N.B. – Canada’s First Ministers say they are committed to standardizing some transportation regulations across the country. In a New Brunswick meeting last week the premiers of all…

ATA signs on to Trump worker training pledge

Arlington, Va. – The American Trucking Associations (ATA) intends to provide 50,000 people enhanced career opportunities as part of a Trump administration plan to provide pathways to better careers for…

Canada’s truck sales remain robust

TORONTO, Ont. -- Canadian truck sales remain strong, with 13,157 Class 8 units sold as of the end of May, WardsAuto reports in its most recent statistics. That compares to 88,674 trucks sold in the U.S.

June Class 8 orders one of the strongest months in more than a decade

COLUMBUS, Ind. – For the fourth time in six months, North American Class 8 truck orders exceeded 40,000 units, according to the latest data from ACT Research. Orders totaled 42,224…

Trucking industry at full utilization: FTR

BLOOMINGTON, Ind. – Truckers remained at full capacity in May, according to the latest FTR Trucking Conditions Index. An index reading of 11.4 reflected full capacity utilization, and FTR projects…

Alberta company acquires Three Star Trucking

SHERWOOD PARK, Alta. – Vertex Resources Group has acquired Three Star Trucking, an environmental services company that provides fluid hauling, pressure truck, hot oilers, and combo vac services in Western…

Trailer Wizards buys Montreal’s CSP

MONTREAL, Que. – Trailer Wizards is expanding. The Canadian company specializing in all things trailers announced its acquisition of Canadian Service Plus (CSP), an independent trailer maintenance repair shop. The…