October 2015

Today’s Trucking October 2015 is ready to read and enjoy on line now! In this issue: There’s big changes coming to the way your trucks will be inspected. You can’t…

Product Watch – 2015-09-30

Product Watch…

Diesel Prices Remain at Multi-Year Lows

LONDON, ON AND WASHINGTON, D.C. -- The trend of lower diesel prices continues in both Canada and the U.S. while gasoline has edged a bit higher here at home. The average cost of the distillate fuel fell $0.004 over the past week to $1.021 per liter, hitting its lowest level since September 2010, according to the latest figures from the petroleum information services provider The Kent Group.

Briley Named Fontaine Commercial Platform Trailer President

HALEYVILLE, AL - The trailer manufacturer Fontaine has named Alan Briley as president of its Fontaine Commercial Platform business. Briley joined Fontaine in October of 2010 as a regional vice president of sales. His previous experience includes nine years at Trailer Sales of Tennessee, five years with Hendrickson and four years at Aero Industries.

EG Gray Transportation Moves on Hunger

PETERBOROUGH, ON -- For Rob and Julie Tanguay, owners of EG Gray Transportation, it was a no- brainer. When they heard that employees of PepsiCo had organized a food sorting event in conjunction with the company's major food funding donation to Food Banks Canada, they wasted no time getting involved.

Tandet Continues Wave of Trucking Purchases

OAKVILLE, ON - The parent to several trucking operations continues growing, purchasing Connell Transport, based in Hamilton, ON. The move by Tandet Group creates new opportunities in its bulk logistics business, Tandet Logistics, according to the company, with the addition of 60 tractors and 80 trailers, and giving it terminals in Oakville, Mississauga, Cambridge and Sarnia, ON, along with a western focused terminal and rail transfer operation in Winnipeg, MB.

Truck Cargo Thieves Turn to “Jamming” for Heists

AUSTIN, TX - Truck cargo thieves have a new weapon in their arsenal when it comes to trying to steal high-value freight, even if its every movement is being tracked.

Titanium Transportation Names New Legal Advisor

WOODBRIDGE, ON -- Titanium Transportation Group Inc. has appointed Nia Karabatsos as general counsel for this trucking and logistics company serving both Canada and the U.S.

Bring More Loonies When Crossing the Soo Bridge

SAULT STE. MARIE - As if you needed further proof the Loonie doesn't go as far as it used to, some customers of the Sault Ste. Marie International Bridge will see higher toll rates starting on Oct. 1 for trucks and four-wheelers.

Study: Operations Cost Increasing in Trucking

ARLINGTON, VA - A new study shows operational costs in trucking are on the rise again, at least south of the border. The American Transportation Research Institute on Tuesday released the findings of its 2015 update to An Analysis of the Operational Costs of Trucking.

Landmark Agreement Addresses ‘Right to Repair’ for Trucks

JACKSONVILLE, FL -- The aftermarket repair industry and truck and engine makers have reached an agreement on the sharing of heavy-duty vehicle service information, which will give truck owners more options for diagnosing and repairing today's heavily computerized commercial vehicles. The Commercial Vehicle Solutions Network and the Truck and Engine Manufacturers Association, together with the Equipment and Tool Institute, the Auto Care Association, and Heavy Duty Aftermarket Canada, have signed a Memorandum of Understanding addressing the availability of service information for model year 2010 and later trucks and buses over 10,000 pounds sold in the United States and Canada.

Truck-Lite Purchased, Penske Relinquishes Majority Interest

FALCONER, NY - Truck-Lite Co. has announced it is being purchased by an affiliate of Koch Equity Development LLC and BDT Capital Partners LLC and will partner with Penske Corp. The move will allow the commercial vehicle and filtration systems provider, owned by Penske and funds affiliated with the private investment firm Kelso & Company, to relinquish its majority control, while allowing Truck-Lite to expand with new products and services, according to a news release.

News First – 2015-09-28

Truck Wheels Maker Alcoa Splitting Into Two Companies…

Omnitracs Unveils Rebranding Effort

DALLAS - The fleet management technology provider Omnitracs LLC says it is rolling out new branding to better unify its different business units under one name. What operated before as independent business units; Roadnet, XRS, Sylectus, and Analytics; are now fully integrated flagship products within Omnitracs' broad range of offerings including: compliance, safety and security, productivity, telematics and tracking, transportation management system (TMS), planning and delivery, data and analytics, and professional services.

Truck Wheels Maker Alcoa Splitting Into Two Companies

NEW YORK - A company known for its truck wheels, among other lighter weight metal products, plans to separate into two independent, publicly traded companies. The move by Alcoa Inc. will result in a yet to be named company, what it currently calls "the value-add company," that will include its transportation, rolled, engineered and construction products. The other will keep the Alcoa name and will include its bauxite-mining, alumina-refining and aluminum-production businesses. The transaction, expected to be completed in the second half of 2016, has been unanimously approved by the Alcoa board of directors. According to the Wall Street Journal, the move comes in the wake of depressed aluminum prices as China has flooded the market with lower metals prices, and the company seeing its stock price fall 43% this year.