Truck News


News Category
Economy


  • Mullen reports record trucking/logistics revenue

    April 26, 2018 8:28AM by Truck News

    OKOTOKS, Alta. – Mullen Group reported record first quarter revenue for its trucking/logistics segment, but continues to face headwinds in its oilfield services division. The company generated consolidated revenue of $292.1 million, up 2.5%, thanks to record revenue in trucking/logistics,

  • TFI boosts profit, creates last mile segment

    April 25, 2018 1:56PM by Truck News

    MONTREAL, Que. – TFI International reported stronger earnings during the first quarter, thanks to improved truckload operations. Total revenue of $1.2 billion was flat compared to Q1 2017, but the company said this was due to currency exchange rates and

  • Truck tonnage decreases, but remains strong

    April 24, 2018 12:16PM by Truck News

    ARLINGTON, Va. – For-hire truck tonnage in the U.S. decreased 1.1% in March, according to the American Trucking Associations (ATA). The February decline was revised down from 2.6%, to 0.8%. Year-over-year, tonnage was up 6.3%, and for all of 2017

  • Wabco to move into new North American HQ

    April 17, 2018 8:29AM by Truck News

    AUBURN HILLS, Mich. – Wabco Holdings has announced it’s moving its Americas headquarters to Auburn Hills, Mich. The new 102,000 sq.-ft. facility is under construction and will open in the third quarte of this year. Wabco says the investment underscores

  • GINCOR and Schmitz partner to bring new trailer to Canada

    April 16, 2018 4:41PM by Truck News

    Mattawa, Ont. – GINCOR Truck and Trailer Werx is partnering with Schmitz Cargobull to bring the company’s temperature control technology to the Canadian market. GINCOR President and CEO Luc Stang says he is excited to introduce the technology provided by

  • Trucking conditions have never been better: FTR

    April 16, 2018 12:05PM by Truck News

    BLOOMINGTON, Ind. – Trucking conditions have never been better, according to the latest FTR Trucking Conditions Index. The February index reached its highest reading since it was developed in 1992. The Truck Loading Index is expected to grow 4-6% year-over-year

  • Fastfrate Group growing

    April 16, 2018 11:47AM by Truck News

    WOODBRIDGE, Ont. – The Fastfrate Group of Companies has announced an expansion and new service offerings, including a new 80-truck contract for its CDI container transport division. The fleet will serve the Vancouver market, while Consolidated Fastfrate also adds a

  • News Equipment

    Trailer orders continue to be strong

    April 16, 2018 10:08AM by Truck News

    BLOOMINGTON, Ind. – Trailer orders totaled 27,500 units in March, according to preliminary data from FTR. That reflects a typical seasonal decline, down 16% from February, but orders remained historically strong with order activity at the highest level for the

  • Hiway Refrigeration acquisition to bolster western footprint

    April 12, 2018 7:32PM by Truck West

    PORT COQUITLAM, B.C. – Hiway Refrigeration announced today that it has reached an agreement to acquire Calgary, Alta.,-based Eskimo Refrigeration. Eskimo provides sales and aftermarket support in Western Canada for products in transport refrigeration, air conditioning, and heating. In business

  • Transportation, warehousing vacancies up

    April 12, 2018 5:05PM by Truck News

    OTTAWA, Ont. – The number of unfilled jobs in transportation and warehousing increased 43.5% in the fourth quarter of 2017, compared to the same period a year earlier, Statistics Canada reports. There were 28,300 vacancies in the sector compared to

  • Fleet reps tout U.S. tax cuts

    April 12, 2018 4:11PM by Truck News

    WASHINGTON, D.C. – Representatives from three carriers belonging to the American Trucking Associations (ATA) visited the White House Rose Garden today, touting tax relief under the Tax Cuts and Jobs Act. The executives and employees from Werner Enterprises, Crete Carrier

  • Canadian spot market load volumes surging

    April 10, 2018 1:15PM by Truck News

    TORONTO, Ont. – Canadian spot market load volumes are soaring, as shown by TransCore’s Loadlink data. The year has started with high truckload volumes in all Canadian regions, TransCore reported, with the total number of loads posted and cross-border load

  • NAFTA deal could be imminent: Guajardo

    April 10, 2018 10:55AM by Truck News

    WASHINGTON, D.C. – While there will be no new NAFTA deal this week, Mexico’s Secretary of the Economy says there should be one by May. Ildefonso Guajardo is meeting with the Canadian Minister of Foreign Affairs Chrystia Freeland and U.S.

  • Acquisition strengthens Ryder’s last mile delivery presence

    April 4, 2018 11:32AM by Truck News

    MIAMI, Fla. – Ryder System has announced that it purchased MXD Group, an e-commerce fulfillment provider with a national network of facilities and last mile delivery capabilities. The deal closed Apr. 2, and Ryder says the acquisition makes it the

  • News Equipment

    Fleets scrambling to secure Class 8 build slots

    April 4, 2018 8:36AM by Truck News

    Preliminary North American Class 8 orders totaled 46,300 units according to FTR, marking the third best month ever. They came in 15% above February’s tally and are up 103% year-over-year. Class 8 orders for the first quarter were the largest