Business Management Fleets continue ordering trucks at ‘near-record levels’ March 3, 2021 Class 8 truck orders remained strong in February, with an impressive 44,000 units booked according to preliminary data from FTR. That was up 3% from January and 209% year-over-year, and…
Equipment Trailer makers struggling to meet demand March 1, 2021 January trailer orders exceeded build rates by 66% in January, according to ACT Research, pushing the industry backlog higher over the past seven months. In its Trailer Components Report, ACT…
Business Management Business optimism returning in Canada February 25, 2021 Business sentiment is improving and the prospects for trucking are positive, according to new economic reports from The Conference Board of Canada and BMO. “Freight demand is up, with understandable…
Business Management Quiet on the M&A front, Mullen Group may eye U.S. market February 11, 2021 Mullen Group may take a closer look at expanding in the U.S., as a stagnant Canadian economy and pricey valuations have tempered the company’s appetite to make a major deal…
Supply Chain Green transportation plan comes to Montreal Port February 5, 2021 Europe’s Lean and Green certification program has landed in Greater Montreal, introducing a program to measure the environmental performance of the Montreal area’s logistics and transportation operations. Recognized transportation companies…
Business Management Manual processes weigh down shipper yards, study says February 2, 2021 Those who oversee shipper yards continue to be weighed down by traditional manual processes that affect everything from detention times to throughput. The observation emerges in the State of Yard…
Supply Chain Goodyear invests in autonomous delivery company January 27, 2021 Goodyear Ventures, the tire maker’s venture capital arm, has invested in autonomous delivery company Starship Technologies. It is among multiple investors who jointly put US$17 million into the company, which…
Supply Chain Investment into Port of Prince Rupert to expand capacity January 26, 2021 The B.C. Trucking Association (BCTA) is applauding an investment into the Port of Prince Rupert, but has pointed out that its infrastructure priorities remain elsewhere. The provincial government announced it…
Equipment ‘Truckable’ economy on the rise, but faces challenges, economist says January 25, 2021 Bob Dieli predicted a “rough ride” for the trucking industry in 2020. Little did he know how rough that ride would be. During last January’s Heavy Duty Aftermarket Dialogue, the…
Business Management Canadian Manufacturers & Exporters concerned about access to U.S. market January 18, 2021 With the incoming Biden administration already rumored to be set to kill the Keystone XL pipeline, the Canadian Manufacturers & Exporters (CME) is expressing concern about losing access to the…
Equipment Canada’s commercial vehicle market to recover slower than U.S. January 13, 2021 The market for commercial vehicles is beginning to climb back from the steep downturn seen in 2020. But an association representing the work truck industry doesn’t expect a return to…
Supply Chain Retail freight continues to surge this holiday season: FourKites December 22, 2020 FourKites, a business that offers real-time visibility into the supply chain, is reporting a surge in activity as trucks scramble to keep shelves stocked this holiday season. Shipping volumes in…
Supply Chain Private equity firm buys VersaCold December 18, 2020 TORONTO, Ont. – Private equity firm TorQuest Partners has purchased VersaCold Logistics Services. Terms of the deal were not disclosed. VersaCold was previously owned by KingSett Capital and Ivanhoe Cambridge.
Supply Chain Free shipping? There is no such thing November 30, 2020 TORONTO, Ont. — The trucking industry is pushing back on the notion of “free shipping”, calling it a marketing ploy and an insult to those working in the sector. “Let’s…
Business Management Border issues, rising insurance costs discussed at TCA’s Canadian event November 20, 2020 TORONTO, Ont. – Being unable to reposition empty trailers on the other side of the border is a long-running frustration carriers and other supply chain participants would like to see…