Economy

Domestic truckload leads truck rate hike: CGFI

TORONTO - Ground transportation rates for Canadian shippers increased slightly during the first six months of 2010.

Class 8 orders closing summer on a high

NASHVILLE, Ind. -- Net orders for North American Class 8 trucks jumped 8.3 percent in August.

Used and Enthused: Pre-owned trucks fueling rebound

TORONTO -- Not wanting to sit on their hands as freight conditions improve, truck buyers, including big fleets, are increasingly turning to used trucks to grow their business.

Engine problems reported in 2010 trucks: JD Power

WESTLAKE VILLAGE, Calif. - More than half of owners of one-year old truck engines report experiencing some type of problem.

New London cargo terminal open for business

LONDON, Ont. - Officials at London International Airport say the newly opened cargo terminal will turn their western Ontario city into a major transportation hub.

NA truckmakers outpaced by foreign OEMs: Study

CHICAGO -- North American heavy truck makers could be pushed aside in the global market by low-cost manufacturers in emerging markets, says a business advisory firm.

Summer lull for manufacturing

OTTAWA - Despite a small 1 percent monthly decrease in Canadian manufacturing, July 2010 sales were still 15.5 percent higher than the low reached in May 2009.

U.S. Freight Transport Service Index up in July

WASHINGTON, D.C. - The U.S. Freight Transportation Services Index (TSI) rose 0.4 percent in July from June, rising for the second consecutive month, according to a report by the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS).

Adaptation helped Calgary KW dealer reach milestone

CALGARY -- Barack Obama sold "change" to get himself elected U.S. president in 2008, so why shouldn't it work for GreatWest Kenworth?

May the MaxxForce be with China

BEIJING - The Navistar-Cat alliance has pulled the trigger on a joint venture with Chinese commercial vehicle maker Anhui Jianghuai Automobile Co.

Euro truck makers probed for cartel price fixing

LONDON, Eng. - Europe's biggest truck makers are reportedly under investigation for alleged price fixing in the commercial vehicle market.

Bankruptcies drop in July

OTTAWA - The transportation and warehousing sectors led the way in a decline of business insolvencies in July 2010, compared to the previous month.

HD truck orders hold strong; class 5 more than double

COLUMBUS, Ind. - After a seasonal summer lull, August orders of heavy-duty Class 8 commercial vehicles jumped 15 percent from the same month in 2009, according to ACT Research.

Daimler chief eyes 50% growth in truck market

HANNOVER, Germany. -- Fifty percent over five years. That's how much the world truck market is going to grow, according to Andreas Renschler

Vocational trailer manufacturer names new president

WINNIPEG -- Doug Harvey, principal owner of construction trailer maker, Arne's Welding, has appointed Gerald (Butch) Bouchard to the position of president.