Truck News


News Category
Economy


  • Trailer Wizards buys Montreal’s CSP

    July 11, 2018 10:31AM by Truck News

    MONTREAL, Que. – Trailer Wizards is expanding. The Canadian company specializing in all things trailers announced its acquisition of Canadian Service Plus (CSP), an independent trailer maintenance repair shop. The purchase will add seven employees and five mobile service vehicles

  • Big Freight merges with Kelsey Trail Trucking

    July 5, 2018 4:33PM by Truck News

    WINNIPEG, Man. – Big Freight Systems has announced it will merge with Kelsey Trail Trucking, combining to operate nearly 750 tractors and trailers. Kelsey Trail will operate as a division of Big Freight, and will keep its operations intact, the

  • Shippers seeing no relief to capacity, pricing pressures

    July 4, 2018 4:16PM by Truck News

    BLOOMINGTON, Ind. – U.S. shippers did not see any capacity or rate relief in April, according to the latest FTR Shippers Conditions Index, which reached a new low with a -13.4 reading. But FTR says conditions for shippers may have

  • News Equipment

    Class 8 orders remain hot through June

    July 4, 2018 3:05PM by Truck News

    COLUMBUS, Ind. – Class 8 orders exceeded 40,000 units in June, for the fourth time in six months. Preliminary data from ACT Research pointed to 42,200 units being ordered. “Preliminary net order data indicate that demand for Class 8 trucks

  • Transportation costs continue to rise

    June 28, 2018 12:34PM by Truck News

    TORONTO, Ont. – The cost of ground transportation for Canadian shippers rose for the sixth straight month in April, according to the latest Canadian General Freight Index. Costs rose 1.3% in April compared to March. The base rate rose 1.7%,

  • News Equipment

    Trailer orders up 27% y-o-y in May

    June 27, 2018 3:45PM by Truck News

    COLUMBUS, Ind. – Trailer orders were up 27% year-over-year in May, with industry production now committed to nearly Christmas. ACT Research reported net orders of 22,900 units in May, down 2% from April, but up substantially over last May. “With

  • News Equipment

    Truck orders remain strong through May

    June 20, 2018 12:10PM by Truck News

    COLUMBUS, Ind. – May’s Class 8 order activity continued trending above capacity, according to the latest data from ACT Research. There were 35,608 units booked in May. “Continuing to be led by Canada and the U.S., order strength remained broad-based.

  • One of the best freight markets ever continues: ATA

    June 20, 2018 12:04PM by Truck News

    ARLINGTON, Va. – U.S. for-hire truck tonnage rose 0.7% in May, and was 7.8% stronger than May 2017, according to the American Trucking Associations (ATA). The ATA also revised up the originally reported 2.2% gain in April to 2.7%. Year-to-date

  • May continues record-setting year for Canadian spot market

    June 20, 2018 11:59AM by Truck News

    TORONTO, Ont. – A record-setting year for Canadian spot market load volumes continued in May, according to the latest data from TransCore Link Logistics. May volumes were up 23% year-over-year, marking the highest May on record. Volumes were up 1%

  • Construction on second new Alberta facility begins for Trailcon

    June 20, 2018 11:56AM by Truck West

    CALGARY, Alta. – Trailcon Leasing has broken ground on a new Calgary facility, the second new location the company has begun work on in Alberta in the past couple of months. “After Trailcon’s acquisition of Hubs Trailer Service in 2014,

  • Tight labor market keeping carriers from fully cashing in on high rate environment

    June 20, 2018 11:52AM by Truck News

    BLOOMINGTON, Ind. – Trucking conditions for carriers remained strong in April, with the FTR Trucking Conditions Index reflecting strong freight demand and continued tightness in capacity. The index read 11.5, meaning carriers can expect favorable conditions to improve into Q3

  • Mullen Group announces pair of acquisitions

    June 20, 2018 11:29AM by Truck West

    OKOTOKS, Alta. – The Mullen Group announced it has entered into a letter of intent to acquire the shares of Canadian Hydrovac Ltd. (CHL), as well as an agreement with AECOM to acquire the business and assets of the company’s

  • Custom Truck Sales expands in Estevan

    June 18, 2018 7:17PM by Truck West

    ESTEVAN, Sask. – Custom Truck Sales has relocated its Estevan, Sask., facility in an effort to better service its customers. The new nine-acre location at 201 Shand Road is situated near two major highways with high truck traffic, and offers

  • News Equipment

    Demand increasing for aftermarket parts

    June 13, 2018 10:06AM by Truck News

    MANHASSET, N.Y. – An upward trend in commercial vehicle aftermarket parts sales is in place, according to the latest Parts Aftermarket Leading Retail Sales Indicator (PLI) from Commercial Motor Vehicle Consulting (CMVC). The index ticked up 0.6% in April from

  • Vehicle manufacturers face ‘significant’ impact from tariffs: CTEA

    June 13, 2018 9:47AM by Truck News

    WINDSOR, Ont. – Canadian commercial vehicle manufacturers continue to voice concerns about the potential of a “significant negative impact” caused by surtaxes on steel and aluminum, as a trade war with the U.S. begins to escalate. In a Canadian Manufacturing