Business Management
Fastfrate Group expands into global freight forwarding, customs brokerage with Omnitrans acquisition
Fastfrate Group is moving beyond its traditional North American transportation roots with the acquisition of Montreal-based international freight forwarder and customs broker Omnitrans Inc., a deal executives say positions the…
ECONOMIC TRUCKING TRENDS: Trailer order strength sustained in January, spot market rates show resilience
Trailer orders saw December momentum carried into January, though total order season activity was lackluster. Shippers saw some fuel price relief translate into a positive environment in December, but expect…
TFI International earnings fall on weak freight demand, cash flow strengthens
TFI International reported lower fourth-quarter and full-year earnings as weaker freight demand weighed on volumes across its core business segments, though the company generated stronger cash flow. Fourth-quarter operating income…
Industry Divide: Parliamentary hearings expose deep rifts over Driver Inc., safety, and the future of Canadian trucking
The great divide within Canada’s trucking industry was on full display during months-long parliamentary transport committee hearings into the changing landscape of truck drivers in Canada. The hearings, which began…