Business Management
Facility Association insurance rates jump 28% in Alberta, the ‘epicenter’ of FA commercial vehicle growth
Alberta trucking fleets insured through the industry’s insurer of last resort are facing a steep rate increase that reflects deeper challenges in the province’s commercial auto insurance system. Facility Association…
ATA’s Costello says trucking’s ‘painfully slow’ recovery driven by shrinking capacity, not freight demand
Fleets attending the Truckload Carriers Association (TCA) annual convention in Orlando, Fla., last week were eager for Bob Costello’s economic outlook update for 2026, hoping to hear the long-anticipated news…
PowerLease launches financing platform aimed at retaining owner-operators
PowerLease has launched a new equipment financing platform designed to help fleets retain experienced owner-operators and manage truck replacement cycles without adding balance-sheet risk. The company’s new PowerLease 3.0 program…
ECONOMIC TRUCKING TRENDS: Industry sentiment improving and spot market flatbed rates continue to rip
ACT Research recently held a two-day seminar and reports fleets are feeling “cautiously optimistic” about the year ahead, while remaining cautious about ordering new equipment. They want to first make…
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…
