Mullen Group lays off 1,000 as ‘wants’ economy disappears preview image Business Management Mullen Group lays off 1,000 as ‘wants’ economy disappears April 23, 2020 OKOTOKS, Alta. – As the “wants” economy has evaporated due to the Covid-19 pandemic, Mullen Group has taken drastic measures, including laying off 1,000 employees. While reporting its Q1 earnings,…
Marine Atlantic drops fuel surcharge, updates Covid-19 protocols preview image Transportation Marine Atlantic drops fuel surcharge, updates Covid-19 protocols April 23, 2020 ST JOHN’S, Nfld. — Marine Atlantic is reducing its fuel surcharge to 13%, down 5% from previous levels, effective immediately. “We use a fuel hedging strategy which protects customers…
Trucks can boast cleaner emissions on 50th Earth Day, and the work continues preview image Regulations Trucks can boast cleaner emissions on 50th Earth Day, and the work continues April 22, 2020 TORONTO, Ont. – The days of soot-belching exhaust stacks are largely behind us, and on the 50th anniversary of Earth Day there is the promise of more environmentally-friendly trucks to…
Ritchie Bros. auctions are now online only preview image Transportation Ritchie Bros. auctions are now online only April 22, 2020 BURNABY, B.C. – The world’s largest industrial auctioneer is no longer offering onsite sales, and has instead opted for live online auctions following the Covid-19 outbreak. Ritchie Bros. Auctioneers,…
Truck fleets report plunging loads, layoffs amid Covid-19 preview image Transportation Truck fleets report plunging loads, layoffs amid Covid-19 April 22, 2020 TORONTO, Ont. – Trucking is identified as an essential service, but Canada’s trucking industry is under immense economic pressure in the face of Covid-19 – leading to plunging revenues, layoffs,…
TFI International posts strong Q1, reacts to economic slowdown preview image Business Management TFI International posts strong Q1, reacts to economic slowdown April 22, 2020 MONTREAL, Que. – TFI International achieved record first quarter operating income of $118.5 million, a 13% increase year-over-year, but has begun seeing the effects of the Covid-19 pandemic on its…
Covid crisis makes waste collector stronger preview image Business Management Covid crisis makes waste collector stronger April 22, 2020 Waste Connections has discovered operational improvements as it reacts to Covid-19 challenges
ACT Research slashes forecast for nat-gas truck sales preview image Equipment ACT Research slashes forecast for nat-gas truck sales April 22, 2020 COLUMBUS, Ind. – Class 8 natural gas truck sales are expected to nosedive, after a strong start to 2020, according to ACT Research’s Alternative Fuels Quarterly report. Retail sales were…
Transportation Covid-19 Operations: Highway Western Star April 22, 2020 There is much unknown in these unprecedented times. However; what we do know is that the transportation industry will be critical in helping all Canadians through these trying times. With…
ECONOMIC WATCH: ATRI data show see-saw truck activity preview image Transportation ECONOMIC WATCH: ATRI data show see-saw truck activity April 22, 2020 ATLANTA, Ga. – There was a spike in truck activity from early February into March in six U.S. states, but demand has since fallen, the American Transportation Research Institute…
ECONOMIC WATCH: ATA Truck Tonnage Index rises 1.2% in March preview image Transportation ECONOMIC WATCH: ATA Truck Tonnage Index rises 1.2% in March April 22, 2020 ARLINGTON, Va. — American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.2% in March after increasing 1.8% in February. In March, the index equaled 120.4,…
Trucking gears up for return of Quebec residential construction preview image Transportation Trucking gears up for return of Quebec residential construction April 22, 2020 MONTREAL, Que. – Quebec restarted selected residential construction activities this week, following a shutdown that lasted almost a month because of Covid-19. Residential construction businesses are back on the job…
Volvo, Mack offer enhanced online parts services preview image Transportation Volvo, Mack offer enhanced online parts services April 21, 2020 GREENSBORO, N.C. — Volvo Trucks North America is encouraging customers to use the Volvo Select part store during the Covid-19 crisis. The e-commerce platform has replaced in-person transactions with…
Rodeo du Camion postponed preview image Transportation Rodeo du Camion postponed April 21, 2020 NOTRE-DAME-DU-NORD, Que. – One of the biggest truck rodeos in the country has been postponed until next year because of the Covid-19 pandemic, its organizers said Tuesday. The 40th edition…
All eyes on diesel as U.S. crude price turns negative preview image Transportation All eyes on diesel as U.S. crude price turns negative April 21, 2020 TORONTO, Ont. – It was the U.S. oil industry’s Black Monday, when the price of crude turned negative for the first time in history. On that day, May futures…