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Truckload rates will go up this year, but so will costs: Werner CEO
PRINCETON, N.J. -- Increasing demand and tightening capacity will combine to increase truckload rates by 1.5-2% this year, Derek Leathers, president and CEO of Werner Enterprises predicted when speaking at the recent ALK Transportation...
Canadian Freight Index dips in April: TransCore Link Logistics
TORONTO, Ont. -- Freight volumes fell 7% month-over-month in April and 14% year-over-year, according to the latest figures from TransCore Link Logistics’ Canadian Freight Index. The equipment postings for April increased by 6% compared...
OOIDA files second complaint against FMCSA over safety records
GRAIN VALLEY, Mo. -- The Owner-Operator Independent Drivers Association (OOIDA) has filed a second complaint against the Federal Motor Carrier Safety Administration (FMCSA) with regard to its safety records and the DataQ appeal process. OOIDA...
Trailer orders bounce back after weak March: ACT Research report
COLUMBUS, Ind. -- After suffering a weak March, net trailer orders jumped 29% month-over-month in April, according to the latest report from ACT Research. The numbers were stronger than predicted by seasonality, however, year-to-date, net...
Flo Components becomes first SKF LBU System House for Lincoln, SKF brands in Canada
MISSISSAUGA, Ont. -- Flo Components has received a letter of intent from SKF Lubrication Business Unit (LBU) designating Flo as a SKF LBU System House for both Lincoln and SKF brands. In November, Flo reached an agreement with SKF LBU to...
Canadian heavy hauler wins SC&RA’s Hauling Job of the Year Award
WOODBRIDGE, Ont. -- Precision Specialized Division (PSD) has received the Specialized Carriers & Rigging Association’s Hauling Job of the Year Award. PSD, a Woodbridge, Ont.-based heavy haul company, is the first Canadian company in...