Canadian, U.S. Diesel Prices Lowest in Several Years

LONDON, ON and WASHINGTON, D.C -- The national average price of diesel is showing no signs of stopping its recent string of declines while hitting its lowest point in years. Trucking's main fuel fell $0.011 from a week ago to $1.05 per liter, the eighth consecutive weekly drop and the lowest price since November 2010, according to the petroleum information services provider The Kent Group. Compared to this week in 2014 the price $0.247 less per liter.

N.A. Heavy Truck Orders Beat Expectations, Classes 5-7 Rise

COLUMBUS, IN -- New orders for trucks in North American surprised in July, according to newly released figures from the commercial vehicle industry data provider ACT Research, with the Class 8 category just surpassing the 24,600 level.

Port Metro Vancouver Sees Jump in Cargo Volume

VANCOUVER, BC - The amount of cargo moving through Canada's largest port shows continued growth in trade through the Pacific gateway. Total cargo handled at Port Metro Vancouver was 70.3 million metric tons in the first half of 2015, an increase of 1.5 percent over the same period in 2014, according to newly released figures.

Hodges Purchase Leads to Aveda Transportation Profit

CALGARY, AB - Oil field transporter and related services provider Aveda Transportation and Energy Services Inc. moved back into the black during the second quarter of the year, according to its newly released earnings.

Truck Tonnage Hits Second Highest Level on Record

ARLINGTON, VA - The amount of for-hire truck tonnage moved in the U.S. jumped significantly, hitting its second highest level on record last month, according to newly released figures.

New Warning About Seasonal Cargo Theft Risks

AUSTIN, TX -- As the North American supply chain prepares to enter its busiest season, organized cargo criminals are gearing up to maximize opportunities to seize high-value shipments that will saturate the target-rich environment encompassing the remaining months of the year.

Trailer Manufacturer Manac Going Private

SAINT-GEORGES, QC-- Canada's largest trailer builder, Manac, has been transferred from public to private ownership. The announcement was made Thursday. The original founding Dutil family will be among the consortium of new owners. Media reports say the Dutils will be investing $36 million in the private company while Quebec's pension fund manager, its Quebec manufacturing fund, a labor fund and Investissement Quebec are providing $104 million in equity investments and loans. Manac was spun off from the Canam Manac Group in 2004 and taken public in 2013. Charles Dutil, Manac president and CEO, will remain in his current position.

Spot Freight Rates, Volume Post July Decline

PORTLAND, OR -- Spot market freight volume and rates declined during July, following a typical seasonal pattern, according to the DAT Solutions' network of load boards in Canada and the U.S.

Kee Human Resources Locks Up Purchase of Rival

MISSISSAUGA, ON - The trucking human resources management and consulting firm Kee Human Resources is continuing its expansion through both strategic acquisitions and organic growth.

Trucking Conditions Rebound, Best This Year

BLOOMINGTON, IN -- While business conditions in Canada are shaky, the situation in the U.S. for the trucking industry is the best so far this year, according to the freight transportation forecasting firm FTR. Its just released Trucking Conditions Index (TCI) measure for June rose from May, jumping 56% to 7.66, hitting the highest level of 2015. While freight growth slowed during the second quarter of the year, FTR said rates continue to show growth and margins are still good. Also, freight growth is on track for the sixth straight year of annual gains. It expects regulatory conditions and a continued economic recovery to fuel an accelerating index during 2016.

Diesel Cost at Lowest Level of Year as Oil Glut Continues

LONDON, ON and WASHINGTON, D.C. -- Fuel prices are continuing another series of declines in both Canada and the U.S., according to newly released figures.

Titanium Reports Loss Following Muskoka Purchase

WOODBRIDGE, ON - The trucking and logistics company Titanium Transportation Group Inc. moved from a profit to a loss in the second quarter of the year following its purchase of rival Muskoka Transport Ltd. in March.

Details Released on Ontario Retirement Pension Plan

TORONTO -- Ontario premier Kathleen Wynne announced on Tuesday the details on the design of the Ontario Retirement Pension Plan (ORPP) that the government says is designed to address the 3.5 million workers in the province who do not have a secure workplace retirement pension plan.

Trimac Profit Moves Higher Despite Lower Revenue

CALGARY -- The bulk-trucking operation Trimac Transportation Ltd. has released its second quarter earnings showing a 9.4 percent increase in profit despite lower revenue.

Volvo Group Lights Up Over Award

GREENSBORO, NC -- Volvo Group North America recently was honored for its efforts to reduce energy usage at its manufacturing facilities.