Economy

Chi trucks coming to North America?

DALLAS, Tex. -- Yes, it appears so, by way of a Texas company called Evcarco. Evcarco says it will distribute Chinese commercial vehicle maker Foton's diesel and compressed natural gas trucks

Manufacturing opens year on high note

OTTAWA -- For the fifth straight month manufacturing sales rose in Canada -- this time by 2.4 percent to kick off

TCP survey shows one in four carriers consider selling

NASHVILLE, Tenn. -- The results from Transport Capital Partners (TCP) recent Business Expectations Survey of truckload carriers in the U.S. show continuing confidence in the year ahead, but one in four carriers are still considering leaving the industry over the next 18 months.

NTEA Report: Navistar, Nissan, FCCC shine

ST. LOUIS, Mo. -- Never-seen-before vehicles from Navistar, Nissan, and Freightliner Custom Chassis were key highlights amongst the 70 new products at The Work Truck Show, part of the 46th annual National Truck Equipment Association convention.

YRC posts 4Q profits, but not out of danger

NEW YORK -- After consecutive losses, struggling LTL carrier YRC Worldwide, announced that it returned to a profit in the fourth quarter of 2009.

Truck orders improve, but still below normal

COLUMBUS, Ind. -- Net orders for heavy-duty Class 8 commercial vehicles were up 20 percent in February compared to the same month in 2009.

For-hire truck prices began upward climb 3Q

OTTAWA -- Stats Canada's For-hire Motor Carrier Freight Services Price Index shows prices increased 0.9 percent in the third quarter, compared with the second quarter of 2009.

Lion’s Gate-PTR completes GE Trailer acquisition

WINNIPEG -- Lions Gate Trailers (LGT) of Vancouver and Mississauga-based Provincial Trailer Rentals (PTR) has finalized the strategic purchase of GE Trailer Fleet Services, formerly known as TIP, a division of GE Capital.

MATS: Smooth sailing planned for new Kenworth truck

LOUISVILLE, Ky. -- The smooth look of Kenworth's new T700 truck isn't meant to just look good, it's designed that by next generation aerodynamic advances.

MATS: Kenworth expands product line, naturally

LOUISVILLE, Ky. -- Kenworth expanded its green product line with the introduction of the Kenworth T440 natural gas model powered by the Cummins Westport ISL G engine.

MATS: Kenworth in-dash system more than navigation

LOUISVILLE, Ky. -- Kenworth unveiled its new NavPlus system, and as the name suggests it's designed to do a lot more than just offer truck-specific navigation.

Think tank questions link between stimulus money and economic recovery

VANCOUVER -- Government stimulus packages contributed little to Canada's economic turnaround in 2009, concludes a new study released today by the Fraser Institute.

Less Than Lucrative: LTL recovery most challenging

TORONTO -- During the legwork for the 2009 U.S. Mastio & Co. LTL shipper survey author Kevin Huntsman was talking shop with a medium-sized U.S. carrier who shared a pricing tale that involved losing four accounts to a much larger, national carrier whose recent struggles have been well chronicled.

Trailer orders hit two-year high

COLUMBUS, Ind. -- Net orders for commercial trailers in February were up 168 percent from February 2009 and were at their highest level in two years.

MATS: Mack plans plans smooth shift into recovering market

LOUISVILLE, Ky. -- Mack Trucks is well positioned for success as economic and market conditions improve, according to Kevin Flaherty, the truckmaker's senior vice-president.