Bridgestone and Einride to partner on electric and autonomous trucks preview image Equipment Bridgestone and Einride to partner on electric and autonomous trucks August 12, 2021 Bridgestone Americas will be joining Einride in plans to develop electric and autonomous Class 8 vehicles. Under the agreement, Einride will be able to collect safety and efficiency data from…
Canadian Tire takes stake in Ashcroft Terminal preview image Economy Canadian Tire takes stake in Ashcroft Terminal August 12, 2021 Canadian Tire is acquiring a 25% equity interest in Ashcroft Terminal, British Columbia’s largest inland port that handles 7,000 railcars and 6,000 trucks per year. PSA International, which retains a…
Nikola secures $2M grant to develop autonomous fueling system preview image Equipment Nikola secures $2M grant to develop autonomous fueling system August 12, 2021 The U.S. Department of Energy has given Nikola a US $2 million grant to research autonomous refueling technologies for hydrogen fueling stations to support fuel-cell-electric trucks. The autonomous fueling is…
Timing is everything when shippers rank carriers preview image Business Tips, Economy Timing is everything when shippers rank carriers August 12, 2021 If you’re a truck fleet doing business in Canada, you better keep a particularly close eye on schedules and delivery times. On-time performance outweighed all other benchmarks in Inside…
Used truck demand surges, but buying considerations unchanged preview image Economy, Equipment Used truck demand surges, but buying considerations unchanged August 11, 2021 You may have to tap the brakes on your dreams to jump into a shiny new truck and roll down the highway. New vehicles are hard to come by as…
U.S. for-hire freight demand softens for first time in months preview image Economy U.S. for-hire freight demand softens for first time in months August 11, 2021 Demand in the for-hire freight sector softened somewhat in June, marking one of the first declines in months, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics. The…
Titanium Transportation hits +$100M in quarterly revenue for first time preview image Economy, Mergers & Acquisitions Titanium Transportation hits +$100M in quarterly revenue for first time August 11, 2021 Titanium Transportation Group secured $100.8 million in revenue in the second quarter of the year, marking its fourth consecutive record quarter and surpassing $100 million for the first time. The…
Giving up not in Sarai’s vocabulary preview image People, Trucking Life Giving up not in Sarai’s vocabulary August 11, 2021 Drive a taxi for 12 hours a night. Head to school for a full day of classes. Grab a couple hours of sleep. Repeat. Jassi Sarai built his life in…
Trailer orders plunge despite ‘desperate’ fleet demand: FTR preview image Economy, Equipment Trailer orders plunge despite ‘desperate’ fleet demand: FTR August 11, 2021 Trailer orders continued to drop, with the 8,200 units ordered in July 32% below June totals and down 58% year over year, says FTR, which tracks U.S.-based manufacturing data. The…
Truckers cheer Senate passage of infrastructure bill preview image Infrastructure, Trucking Life Truckers cheer Senate passage of infrastructure bill August 10, 2021 The U.S. Senate Tuesday passed a $1 trillion infrastructure bill that contains several measures related to trucking. The Infrastructure Investment and Jobs Act of 2021 reauthorizes spending on existing federal…
TCA forms committee to find new president preview image People, Trucking Life TCA forms committee to find new president August 10, 2021 The Truckload Carriers Association (TCA) Tuesday announced it has formed a search committee to find a replacement for outgoing president John Lyboldt. Lyboldt, who informed the officers of his decision…
California Trucking Association takes AB 5 fight to U.S. Supreme Court preview image Border, Regulations California Trucking Association takes AB 5 fight to U.S. Supreme Court August 10, 2021 The California Trucking Association is approaching the U.S. Supreme Court to quash Assembly Bill 5 (AB 5) — state legislation that essentially makes it impossible to work as an independent…
Diab to lead DTNA’s distribution network development preview image Trucking Life Diab to lead DTNA’s distribution network development August 9, 2021 Daimler Trucks North America (DTNA) Monday announced that Amer Diab has been appointed general manager of distribution network development, where he will lead the growth and expansion of the sales…
Ritchie Bros. acquiring Euro Auctions in US$1B deal preview image Economy, Mergers & Acquisitions Ritchie Bros. acquiring Euro Auctions in US$1B deal August 9, 2021 Ritchie Bros. auctioneers will acquire Euro Auctions Group in a US $1.08 billion cash deal, establishing a key foothold for markets in Europe, the Middle East, and Africa. Euro Auctions,…
Quick end to border action, after chaotic Friday preview image Border, Economy, Trucking Life Quick end to border action, after chaotic Friday August 6, 2021 Canada Border Services Agency (CBSA) workers reached a tentative deal late Friday night, after causing significant border delays over the previous day. The four-year deal has brought an end to…