ECONOMIC TRUCKING TRENDS: Canada’s spot market posts strong July

We get mixed signals from this week’s economic reports. Trucking conditions softened slightly in June, according to FTR, due to high financing costs and a slower retreat in diesel prices.

CTA asks feds to suspend carbon tax on diesel fuel

The Canadian Trucking Alliance (CTA) is appealing to the feds to suspend the carbon tax on diesel fuel as part of its pre-budget submission for 2025. “The trucking industry needs…

Roadrunner brings LTL service to Western Canada

U.S.-based Roadrunner has expanded its push into Canada, announcing cross-border LTL service to Vancouver, Calgary, and Edmonton. This follows the launch of service into Toronto and Montreal earlier this year,…

CN Rail, CPKC begin halting shipments of certain goods as strike threat looms

The country’s two main railways have started to halt shipments ahead of a potential strike or lockout next week, the first step toward a possible shutdown as the bargaining deadline…

Titanium’s Q2 volumes, revenues rise while margins face continued pressure

Titanium Transportation grew its Q2 volumes and revenue, but found profit to be elusive as a persistent freight recession combined with excess capacity created ongoing tough conditions. The company grew…

What is the bargaining impasse between railways and workers actually about?

The country’s two main railways and their workers remain at loggerheads over scheduling, safety or salaries — depending on who you ask — as the clock ticks down on contract…

Rail work stoppage looks increasingly likely

Both CN Rail and CPKC announced Friday they will lock out Teamsters Canada Rail Conference (TCRC) workers as of Aug. 22, after Canada’s industrial relations board…

Rail strike possible as of Aug. 22 after labor board rules services non-essential

The country’s labor tribunal says services provided by rail employees do not amount to essential work, opening the gate to a full-fledged strike in less than two weeks. In a…

Vicinity’s future in question as lenders demand debt payments in full

Fledgling Canadian electric truck maker Vicinity Motor Corp.’s future is in doubt, after lenders RBC and Export Development Canada (EDC) submitted letters demanding full repayment of their respective outstanding debt…

ECONOMIC TRUCKING TRENDS: Class 8 orders, spot rates both slide

Class 8 orders were down month over month and year over year in July, but industry analysts FTR and ACT Research said it’s no big surprise as July is a…

Pride sale to founders rejected, company to wind down operations

A recommendation by bankruptcy Monitor Ernst & Young to sell Pride Group back to its founders for $56 million and maintain the company as a going…

Johal family looks to buy back Pride Group as creditors seek lift stay motions

Numerous creditors of Pride Group Ltd. (PGL), which has been under creditor protection since late March, are seeking lift stay motions that would allow them to seize and sell assets…

Collaboration, digital tools will help industry overcome challenges: Trimble report

Enhanced collaboration via transportation management platforms, real-time freight visibility to guard against freight fraud, and digital tools to speed up and streamline processes will help the transportation industry overcome obstacles…

Bestpass buys Edmonton-based Drivewyze

Since entering into an official partnership with each other in early 2023, both Bestpass and Drivewyze wanted to take their relationship to the next level. That happened this morning, with…

Uncertainty hangs over shippers as potential rail strike looms

Shippers and producers held their breath ahead of a possible strike by thousands of railworkers this month that would halt freight traffic, clog ports and disrupt industries. “The railways are…