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Anemic economy points to slow growth for freight rates: Dr. Saipe
MISSISSAUGA, Ont. -- General truck freight rates should grow at an average annual rate of 1%-2% through 2012," Dr. Alan Saipe told transportation professionals attending the SCL-Nulogx breakfast conference entitled "Transportation Strategy:...
Freight volume growth will be slack; peak season will be muted, analyst warns
MISSISSAUGA, Ont. - Expect slackening to flat freight volumes for the remainder of 2011, warned Cormark Securities' David Newman at yesterday's SCL-Nulogx breakfast conference aptly entitled "Transportation Strategy: Planning for 2012 in...
US truckload turnover rises to three-year high in second quarter
ARLINGTON, Va. -- The turnover rate for over-the-road truck drivers in the US rose to 79% in the second quarter, according to American Trucking Associations' latest Trucking Activity Report, marking the third quarter in a row of increased churn...
Goodyear’s fleetHQ service helping drivers get rubber back on road
DANVILLE, Va. -- Goodyear is thinking beyond its traditional tire products and meeting drivers where the rubber meets the road - literally - with its fleetHQ service. The company invited guests to its Danville, Va., commercial tire...
Insurance industry must do better job of evolving with customer demands
TORONTO, Ont - Canada's trucking insurance industry, besieged by slumping underwriting margins and low investment yields while forced to cover the cost of rising cargo theft, needs to evolve by looking from the outside in rather than from...
Expect slower growth but no recession, BMO economist tells Transportation Conference
TORONTO, Ont. - Canadians worried about the darkening clouds on the economic horizon will have to live with modest growth of just 2% for 2011 and 2012 but we are not heading towards recession, Kenrick Jordan, senior economist with BMO Capital...