N.A. spot market freight index shows unusual growth in July

PORTLAND, Ore. -- The latest DAT North American Freight Index saw spot market freight volumes rise 0.5% in July, marking the first time since the index was established in 1996 that July posted stronger volumes than June.

Trucking conditions continue to improve: FTR

BLOOMINGTON, Ind. -- FTR has revised its Trucking Conditions Index to show increasingly favourable conditions for the trucking industry.

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. The economics of having a street sales team is being called into question when you consider the compensation, incentives, office...

Meritor names Ivor Evans chairman, CEO

TROY, Mich. -- Meritor has announced Ivor J. Evans has been named its chairman of the board, CEO and president, effective immediately.

Accuride sells Imperial Group business

EVANSVILLE, Ind. -- Accuride has completed the sale of its Imperial Group truck body and chassis business, which will continue to operate independently.

More US fleets planning to order Class 8 trucks: Report

COLUMBUS, Ohio -- A survey of US-based fleets indicates more are looking to order Class 8 tractors in the next three months than were looking to do so the previous quarter.

Ontario carriers feeling better about their short-term prospects

TORONTO, Ont. -- The Ontario Trucking Association (OTA) used a weather analogy to characterize its latest Q3 business survey. And it’s not a bad forecast: Partly sunny with reduced chance of showers.

Net orders for July better than last year

COLUMBUS, Ind. -- North American Class 8 net orders fell in July, with a preliminary count that totaled just 17,600 units, according to ACT Research.

123Loadboard.com announces partnership with Arcline

TORONTO, Ont. -- 123Loadboard.com has partnered and fully integrated with Arcline (2000) Inc.

TransForce profits slide; announces acquisition of Texas oilfield firm

MONTREAL, Que. -- TransForce saw its Q2 revenue and net income slide, which it blamed on “continued weakness in rig moving activities of the energy sector.”

Mullen Group boosts capital spending

OKOTOKS, Alta. -- Mullen Group’s second quarter net income rose 13% to $20.9 million this year, once adjusted for any unrealized foreign exchange gains and losses and the change in fair value of investments.

TransCore’s spot market freight index saw volumes dip in June

TORONTO, Ont. -- TransCore’s Canadian Freight Index continues to fluctuate through 2013, most recently posting a 7% decline in June.

Heavyweight freight pushes US truck tonnage higher

ARLINGTON, Va. -- US for-hire truck tonnage nudged up 0.1% in June, on the heels of a 2.1% increase in May, according to the latest data from the American Trucking Associations (ATA).

Navistar names new CFO

LISLE, Ill. -- Navistar has named Walter G. Borst its new executive vice-president and chief financial officer.

Tips for selling and buying a business

MISSISSAUGA, Ont. -- You’ve spent your life building your business, why not invest a little time before selling it to maximize its value? That was the advice from Doug Nix, vice-chairman of Corporate Finance Associates, who addressed a...