Keyword
equipment
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Price of petroleum was down in Q3: Stats Can
OTTAWA, ON – The price of petroleum dropped again in the third quarter of 2017 reports Statistics Canada. The federal agency released the unadjusted Wholesale Services Price Index for the middle of last year, showing the change in the price…
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More U.S. fleets looking to add equipment: ACT Research
COLUMBUS, Ind. – Fleets in the U.S. are indicating strong intentions to purchase new equipment, according to the latest ACT For-Hire Trucking Index. It showed that May’s purchase intentions remain elevated, recording the strongest three-month sequential reading since the third…
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Ritchie Bros.’ Edmonton auction to offer ‘supermarket of equipment’
EDMONTON, Alta. – There will be no shortage of items to choose from at this month’s Ritchie Bros. auction in Edmonton, Alta., with just under 8,000 on the list. The four-day event will feature more than 210 truck tractors, over…
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Truck orders pick up in January
COLUMBUS, Ind. – Class 8 order activity reached a 13-month high in January, according to the latest data from ACT Research. Class 8 orders came in at 22,188 units, suggesting the current cycle bottomed out in the second and third…
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US fleets increase equipment buying intentions
COLUMBUS, Ohio – More US fleets are planning to buy new equipment in the first quarter of this year than last year, according to the latest Fleet Sentiment Survey conducted by CK Commercial Vehicle Research (CKCVR). The survey indicates a…
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Five-day auction expected to be biggest ever
Two El Caminos being sold for charity
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CURRENCY CONCERNS
Our own Surface Transportation Summit was held earlier this week and it attracted a record crowd of more than 400 people, representing some of Canada’s top shippers and carriers. Some even stayed for the last session of the day, which…
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Flo Components offering lubrication training
MISSISSAUGA, Ont. — More than half of all bearing failures are caused by improper lubrication, according to a study by a major component manufacturer. In order to avoid such breakdowns, Flo Components is offering a series of Lube Basics seminars…
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Ritchie Bros. preparing for largest ever Canadian auction
EDMONTON, Alta. — Ritchie Bros. has announced it will host its largest ever Canadian auction in Edmonton at the end of April. The four-day unreserved auction, which will run Apr. 28-May 1, features more than 8,000 trucks and other pieces…
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Older is not always better
When it came to equipment renewal in recent years, many fleet owners adopted the thinking that older is better. A confluence of factors – the over-capacity caused by the deep recession followed by a slow and uncertain recovery; the higher…
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Ritchie Bros. sets new record at Edmonton auction
EDMONTON, Alta. — Ritchie Bros. set a new Canadian record at its Edmonton auction this month, selling nearly 6,700 pieces of equipment for more than $109 million. The auction was held Oct. 28-30 and featured many trucks. “With companies turning…
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Fleets ordering trailers for next year to get ahead of capacity constraints
BLOOMINGTON, Ind. — FTR has released its latest trailer stats, sowing “exceptional strength” in September with net trailer orders of 32,111 units. That marked a 32% increase from August and a 80% improvement year-over-year. Trailer orders for September were larger…
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Penske pro named Canadian Fleet Maintenance Manager of the Year
CONCORD, Ont. — Lloyd De Merchant, area maintenance manager for Eastern Canada with Penske Truck Leasing, was named the Volvo Trucks Canada Fleet Maintenance Manager of the year. The award was presented tonight at the Canadian Fleet Maintenance Seminar. An…
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Mack spending US$26 million on factory upgrades and equipment
GREENSBORO, N.C. — Mack Trucks Inc. is investing in new equipment and new processes with the goal of producing better vehicles. The company is spending US$26 million to upgrade the Macungie Cab & Vehicle Assembly facility in Macungie, Pa. Among…
