Law needed to protect carriers from shipper indemnification clauses in freight contracts

There has been a growing trend, particularly amongst large shippers, to include an indemnification clause in their freight contracts with carriers.

Anemic economy points to slow growth for freight rates: Dr. Saipe

MISSISSAUGA, Ont. -- General truck freight rates should grow at an average annual rate of 1%-2% through 2012," Dr. Alan Saipe told transportation professionals attending the SCL-Nulogx breakfast conference entitled "Transportation Strategy:...

Freight volume growth will be slack; peak season will be muted, analyst warns

MISSISSAUGA, Ont. - Expect slackening to flat freight volumes for the remainder of 2011, warned Cormark Securities' David Newman at yesterday's SCL-Nulogx breakfast conference aptly entitled "Transportation Strategy: Planning for 2012 in...

Expect slower growth but no recession, BMO economist tells Transportation Conference

TORONTO, Ont. - Canadians worried about the darkening clouds on the economic horizon will have to live with modest growth of just 2% for 2011 and 2012 but we are not heading towards recession, Kenrick Jordan, senior economist with BMO Capital...

TransCore’s Canadian Freight Index sees double digit increase for August

TORONTO, Ont. -- TransCore's Canadian Freight Index for the nation's spot market in August was up 10% from July 2011 and had a 12% increase year-over-year.  August 2011 freight volumes were the highest for same month over the last five...

RBC Canadian Manufacturing Purchasing Managers’ Index finds new order growth strengthens in August

OTTAWA, Ont. -Incoming new work at Canadian manufacturers increased at a marked pace during August, according to the RBC Canadian Manufacturing Purchasing Managers Index, an indication that Canadian business perhaps should not be as gloomy in...

FTR Shippers Condition Index improves for second consecutive month

NASHVILLE, IN -- FTR Associates' Shippers' Condition Index (SCI) for the US has moved upward again this month, signifying improving conditions for shippers. 

Freight rates rise in April

TORONTO, Ont. -- Base rates and fuel surcharges both increased in April, according to the latest Canadian General Freight Index published by Nulogx.

Markel merged with sister insurance companies

TORONTO, Ont. -- Markel Insurance and its two sister companies Lombard Insurance and Commonwealth Insurance have been combined to operate as one entity, Northbridge Insurance.

Newly launched Purchasing Managers Index offers an early trends indicator for Canadian manufacturing sector

TORONTO, Ont. --  - Starting today Canada's purchasing managers will be playing a leading role in identifying key economic trends in the nation's manufacturing sector.

Trucking showed profitable growth in final quarter of 2010

OTTAWA, Ont. --The operating profit of trucking companies improved 19% in the fourth quarter of 2010 compared with the same quarter in 2009, according to Statistics Canada's new quarterly trucking survey.

Molson Coors Canada selects Hyphen Transportation Management as its 4PL transportation management provider

VAUGHAN, Ontario -- Molson Coors Canada has inked a deal with Hyphen Transportation Management Inc. (a subsidiary of Calyx Transportation Group Inc.) to provide transportation management services.

The state of freight

TORONTO, Ont. - While the number of trucks and trailers on the road may be what shippers focus on when discussing available capacity for land transportation, it's the shortage of available drivers that will prove to be the real issue in the...

Three questions, two answers

It's early March as I write this column. The RRSP deadline is behind us, personal income tax season is straight ahead. It's a busy time full of questions from clients. We get a lot of the same ones every year. But a few new questions came up...

TransCore’s Canadian Freight Index sets new record for February load volumes

TORONTO, Ont. --Transcore's Canadian Freight Index set another record for spot market truck freight volume in February with a month over month increase of 11 percent, despite the fact February is a short month.