Freight Bids: Is there a better way forward? Join the debate at the Surface Transportation Summit

MISSISSAUGA, Ont. --Shippers love them; carriers hate them. Freight RFPs or freight bids have become increasingly popular over the last decade as a mechanism to negotiate freight rates and service. Even companies with as little as $50K in...

Transportation Sales: Can you adapt to the New Normal?

MISSISSAUGA, Ont. -- The sales process in Freight Transportation has undergone major changes over the last decade. 

In conversation with Mike McCarron Part 3: Negotiating the deal

MISSISSAUGA, Ont. – On October 16th, Mike McCarron, the well-known former owner of MSM Transportation will team up with M&A guru Doug Nix for the much anticipated session “Mergers & Acquisitions in Transportation: How big...

In conversation with Mike McCarron Part 2: Finding the right fit

MISSISSAUGA, Ont. – Looking to grow by acquisition? Or perhaps after many years in the industry you are ready to sell. Either way, finding the right fit in the seller-purchaser dynamic is critical. On October 16th, Mike McCarron, the...

New-look OTA convention to feature prominent business leaders

TORONTO, Ont. -- Business therapy will be in the spotlight at the Ontario Trucking Association Convention and Executive Forum.

In conversation with Mike McCarron Part 1: Why now is the time to sell

MISSISSAUGA, Ont. – On October 16th, Mike McCarron, the well-known former owner of MSM Transportation will team up with M&A guru Doug Nix for the much anticipated session “Mergers & Acquisitions in Transportation: How big...

Transportation sales: Can you adapt to the New Normal?

The sales process in Freight Transportation has undergone major changes over the last decade. 

VITRAN SUDDENLY A HOT COMMODITY

Vitran Corp. announced in late September it has agreed to sell its US business to the Morouns. Yes, those Morouns, owners of that cash cow known as the Ambassador Bridge, as well as a number of transportation companies. Since it divested itself...

A NEW TRUCK INSURER ARRIVES

The Guarantee Company has officially launched its transportation insurance division, Guarantee Transportation Solution. I think a new player in this market is needed, particularly for small operators or those who specialize in a niche that the...

What should you expect in 2014? Find out at the Surface Transportation Summit

MISSISSAUGA, Ont. -- Economic experts are calling 2010 – 2020 the Low Growth Decade. Chronically high unemployment in the United States, slowing growth in a number of other countries, an aging infrastructure and a lack of business...

Clarke Inc. ups stake in Vitran

HALIFAX, N.S. -- There continues to be lots of interest surrounding Vitran, since it shed its US operations earlier this month.

Armour strengthens Newfoundland presence with RJS acquisition

MONCTON, N.B. -- Armour Transportation Systems announced today it has completed the purchase of RJS Terminal, which will increase its coverage in Newfoundland.

Industry analysts see value in TransForce’s proposed takeover of Vitran

TORONTO, Ont. -- Industry analysts seem to agree that TransForce’s offer to buy Vitran’s Canadian operations for US$4.50 per share would be a good deal for Canada’s largest LTL carrier.

TransForce makes bid for Vitran’s Canadian operations

MONTREAL, Que. -- TransForce has made a bid for Vitran, proposing a takeover at $4.50 per share.

US truck tonnage robust, but load volumes relatively flat: ATA

ARLINGTON, Va. -- US for-hire truck tonnage spiked 1.4% in August, on the heels of a 0.6% decline in July.