Economy
PowerLease launches financing platform aimed at retaining owner-operators
PowerLease has launched a new equipment financing platform designed to help fleets retain experienced owner-operators and manage truck replacement cycles without adding balance-sheet risk. The company’s new PowerLease 3.0 program…
ECONOMIC TRUCKING TRENDS: Industry sentiment improving and spot market flatbed rates continue to rip
ACT Research recently held a two-day seminar and reports fleets are feeling “cautiously optimistic” about the year ahead, while remaining cautious about ordering new equipment. They want to first make…
Groupe Desharnais expands Quebec footprint with acquisition of Pneus St-David
Groupe Desharnais is expanding its presence in Quebec’s tire and mechanical services market through the acquisition of Pneus St-David, a long-established Lévis business serving commercial and heavy-duty transportation customers. The…
Fastfrate Group expands into global freight forwarding, customs brokerage with Omnitrans acquisition
Fastfrate Group is moving beyond its traditional North American transportation roots with the acquisition of Montreal-based international freight forwarder and customs broker Omnitrans Inc., a deal executives say positions the…
Governments pledge crackdown on Driver Inc., advance interprovincial trucking reforms
Federal, provincial and territorial transportation ministers have committed to coordinated action against the controversial Driver Inc. model while advancing long-awaited measures aimed at reducing interprovincial trucking barriers and strengthening Canada’s…