TransForce expands into oilfield services

MONTREAL -- TransForce Income Fund -- the largest Canadian transportation and logistics company in Canada, has signed a share purchase agreement to acquire Alberta-based Kos Corp. Oilfield Transportation Ltd. and its affiliated companies for a combination of TransForce units and cash.

Truckers generally relaxed over ’07 despite fuel pitfalls: HDMA panelists

LAS VEGAS, Nev. -- The near future looks bullish for the truck manufacturing industry, although an imminent pre-buy of moderate proportions will muzzle sales for most of '07, a group of equipment suppliers and transportation forecasters predicted yesterday.

Volvo initiates recall of 42,000 VN and VHD trucks

GREENSBORO, N.C. -- Volvo Trucks North America has informed the National Highway Traffic Safety Administration that the company will initiate a voluntary safety recall on approximately 42,000 Volvo VN and VHD model trucks manufactured from November 2002 to January 2006 and equipped with the Volvo D12D engine.

Manufacturers say lack of capacity, higher buck leads to little change for ’06

OTTAWA -- Canadian manufacturers were slightly more cautious in their outlook as they darted out of the gates for the first quarter of 2006 compared to the fourth quarter of last year.

’07 Pain is Aftermarket Gain: Economist

LAS VEGAS -- While most forecasters are predicting a moderate softening in the trucking industry post-'07, one respected U.S. transportation economist is warning that the stumble may bring a harder landing than first thought.

Manufacturing, raw materials prices down in December; but overall charges up from 2004

OTTAWA -- Monthly prices for manufactured goods at the factory gate were down in December, as prices for petroleum products declined for a third month. Raw materials prices were down for a fourth consecutive month in December, as prices for crude oil continued to fall.

International recalls over 1700 trucks

WARRENVILLE, Ill. -- International Truck and Engine Corp. is recalling 5000 and 9000 series trucks with Caterpillar C15 diesel engines manufactured in 2004 and 2005 because of the possibility of an oil-line break.

Michelin doubles NS plant capacity with wide-base tire intro

WATERVILLE, N.S. - Michelin North America says it will invest $92 million CDN to install production for Michelin's revolutionary X One wide single truck tires at its Waterville, N.S. plant.

Canadian roads and highways have reached half of their useful life: Stats Can

OTTAWA -- The average age of the four main components of Canada's public infrastructure has stabilized in recent years after 20 years of steady increases, thanks to higher investment.

Westport, Ford join for hydrogen engine development

VANCOUVER -- Alternative energy developer Westport Innovations of Vancouver has teamed up with Ford Motor Company today to produce an advanced direct injection fuel system for vehicles powered by high-efficiency, high performance engines operating on pure hydrogen.

Carriers riding the storm are thriving: Transport analyst

NEW YORK --- Transportation stocks are no longer the highly cyclical companies they were in previous business cycles, say industry analysts at U.S.-based investment banking firm Stifel Nicolaus.

International rolls out newest XT pickup truck

CHICAGO -- International Truck and Engine Corp. unveiled the newest member to its monster pickup vehicle family -- the International MXT 4x4.

Cummins says ’07 lineup ready to roll

TAMPA BAY, Fla. -- Cummins says its one-highway engine product line is ready to meet the U.S. Environmental Protection Agency (EPA) emissions standards for 2007.

Over 8-point jump in carrier millionaire list; Total profits jump in ’05

OTTAWA -- There were an estimated 3,376 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the third quarter of 2005 -- up 8.4 percent from the 3,115 carriers in the third quarter of 2004.

HE’S BACK: Jim Hebe returns to trucking, buys Canuck International dealership

In an exclusive interview with TodaysTrucking.com this morning, Hebe confirmed he and a handful of investors have acquired Co-Van International Trucks.