Economy

DeMerchant Named Maintenance Manager of the Year

CONCORD, Ont. -- Lloyd DeMerchant has been named the Volvo Trucks Canada Fleet Maintenance Manager of the year. Penske Truck Leasing's maintenance manager for eastern Canada, he was presented with the award by Volvo's Steve de Sousa.

$69M Plant Upgrade Will Improve Truck Quality: Volvo

DUBLIN, VA - Volvo's truck assembly plant in Dublin, Va. will work more efficiently and produce higher quality trucks after its $69-million redesign, the company claims.

UPS To Base Rates On Package Size

ATLANTA, GA - UPS is changing its billing methods. Starting Decemeber 29, UPS rates will be based on the size of the package sent.

Tallman Adds Fontaine Trailers To Lineup

HALEYVILLE, AL- Ontario truckers can now get the entire Fontaine Trailer platform at Tallman Truck Centres.

Meritor Transmission Lawsuit Costs Eaton $500M

TROY, MI - Five hundred million dollars. That's how much truck component maker, Eaton, has agreed to pay rival ZF Meritor to settle the back-and-forth legal tussle over each company's automated mechanical transmissions.

Mack Plant to Receive $26 Million in Upgrades

Mack is pouring $26 million into one of its major American assembly plants to boost efficiency and quality.

Whistleblower Tool Set Up for Port Metro Vancouver Drivers

Port Metro Vancouver has a new initiative, spurred on by this year's Vancouver strike, to give truckers a way to voice their concerns.

New Strike Avoided, Waters Choppy at Port Metro Vancouver

VANCOUVER, BC - Tensions are once again increasing at Port Metro Vancouver, but another damaging strike has so far been avoided.

Calgary Hauler Buys Precision’s Trucking Operation

CALGARY, AB - Shares in Aveda Transportation and Energy Services jumped 12 percent Monday after it announced it would buy some of Precision Drilling's assets.

Honoré Mercier Bridge Closed for 7 Weeks

LONGUEUIL, QC - Half the Honoré Mercier Bridge will be closed for seven weeks from Friday, June 20 to Monday, August 11, 2014, the Jacques Cartier and Champlain Bridges Incorporated (JCCBI) announced.

Feds Give Port Metro Vancouver $3M to Reduce Wait Times

VANCOUVER, BC- The federal government announced it is contributing $3 million to reduce wait times at Port Metro Vancouver's four terminals by using new technologies to better link operations.

24/7 Yard Security

MISSISSAUGA, ON- A yard-monitoring firm's promising 24/7 security for $1.25 an hour. As long as you don't mind your iron being watched by somebody on the other side of the planet.

Navistar’s Q2 Books Short $297M

LISLE, IL- Truck and engine maker Navistar International reports a second quarter net loss of $297 million, or $3.65 per diluted share.

Schneider Reports Steady Cargo Theft Decline

GREEN BAY, WI - Nearly since the invention of numbers, seven has been called a lucky number. For truckload, intermodal and logistics provider Schneider, the good fortune comes in the form of seven straight years of cargo theft decrease-including a sizeable 20-percent drop in 2013.

Volvo Names Howlett New Regional VP for Canada

GREENSBORO, N.C. -- Volvo has named industry veteran Greig Howlett the new sales and marketing man for Canada.