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Town Finds Way to Deal with Alarming Vehicle Noise
COCHRANE, AB -- Cochrane resident Kevin Shier had been attempting to resolve noise issues for many years with little success, with some residents selling their homes and others on the verge, as a result of vehicle backup beepers operating around the clock.
Trucker Delivers Hope, Hay for Drought Stricken Farmers
EDMONTON -- Hope for several Edmonton farmers arrived last week in the form of a turquoise Kenworth piloted by Canadian Trucking Alliance (CTA) board member Carl Rosenau, president of Rosenau Transport. Rosenau was busy hauling flatbeds full of donated hay to Edmonton-area farmers suffering from drought conditions, according to CTA. For many western farmers, this has been one of the hardest summers in 50 years, marked by weeks of drought that have decimated hay crops and left farmers struggling to feed their livestock.
New Warning About Seasonal Cargo Theft Risks
AUSTIN, TX -- As the North American supply chain prepares to enter its busiest season, organized cargo criminals are gearing up to maximize opportunities to seize high-value shipments that will saturate the target-rich environment encompassing the remaining months of the year.
Trailer Manufacturer Manac Going Private
SAINT-GEORGES, QC-- Canada's largest trailer builder, Manac, has been transferred from public to private ownership. The announcement was made Thursday. The original founding Dutil family will be among the consortium of new owners. Media reports say the Dutils will be investing $36 million in the private company while Quebec's pension fund manager, its Quebec manufacturing fund, a labor fund and Investissement Quebec are providing $104 million in equity investments and loans. Manac was spun off from the Canam Manac Group in 2004 and taken public in 2013. Charles Dutil, Manac president and CEO, will remain in his current position.
Trucking Conditions Rebound, Best This Year
BLOOMINGTON, IN -- While business conditions in Canada are shaky, the situation in the U.S. for the trucking industry is the best so far this year, according to the freight transportation forecasting firm FTR. Its just released Trucking Conditions Index (TCI) measure for June rose from May, jumping 56% to 7.66, hitting the highest level of 2015. While freight growth slowed during the second quarter of the year, FTR said rates continue to show growth and margins are still good. Also, freight growth is on track for the sixth straight year of annual gains. It expects regulatory conditions and a continued economic recovery to fuel an accelerating index during 2016.