Exports & imports tumble in August: StatsCan

OTTAWA -- Canada's merchandise trade surplus with the world widened in August in the wake of a decline in exports and an even sharper decrease in imports, which had hit a record high the month before.

Ottawa, Atlantic provinces ink deal on gateway strategy

HALIFAX -- The much-ballyhooed concept of a dedicated Atlantic Gateway got a major boost this past weekend, as Ottawa, Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland announced the signing of a Memorandum of Understanding (MOU) on the development of Canada's Atlantic Gateway.

Mullen blames layoffs on royalty grab

CALGARY -- Western trucking and oilfield services provider, The Mullen Group, says it will be initiating 100 temporary lay-offs at several of its wholly-owned business units due to the uncertainty relating to oil and natural gas drilling activity in the region.

Auto still drags down manufacturing; But Prairie sales jump

OTTAWA -- Following recent export trends, Canadian manufacturing edged lower in August due to a weaker motor vehicle industry.

Dealers offering incentives to push ’07 truck stock: Analyst

NEW YORK -- Smaller carriers who weren't planning to buy more expensive '07 trucks are reconsidering adding new equipment to their fleet after having attractive incentives proposed to them, according to New York-based transportation analysts at Bear Stearns.

Per Carlsson new President of Volvo Trucks North America Division

Per Carlsson has been appointed new President and CEO of Volvo Trucks North America Division. Per Carlsson is today responsible for Volvo Powertrain Sweden and he will take up his new position on January 1, 2008.

Navistar on verge of buying GM truck unit

CHICAGO -- Commenting on what market analysts have been speculating for months, Navistar has confirmed that it's seriously looking at acquiring GM's medium-duty truck business.

TransForce making money. Just not as much, company says

MONTREAL -- Our rising buck and falling manufacturing output resulted in Canada's biggest trucking company reporting lower than expected third-quarter earnings this week. But it still made money.

Cummins, Cat score well on engine satisfaction survey

WESTLAKE VILLAGE, Calif. -- Diesel engine competitors Caterpillar and Cummins both ranked highest in satisfying customers with heavy-duty truck engines and transmissions, according to the J.D. Power and Associates 2007 Heavy-Duty Truck Engine/Transmission Study.

Alta takes bigger slice of black gold profits

CALGARY -- Western Energy companies and investment firms are warning that Alberta Premier Ed Stelmach's decision to hike oilpatch royalties will cost jobs and hurt the industry.

Manufacturers’ optimism waning: StatsCan

OTTAWA -- Despite all the problems facing Canadian Manufacturers' six months ago, many were feeling pretty good about things back then.

New Kid on the Block: Isuzu stakes Canadian claim

MISSISSAUGA, Ont. -- Robert Peters has a lofty title and huge ambitions but at the moment, his office is about as nicely decorated as an unfinished vacant apartment.

Hendrickson parent buys Watson & Chalin

ITASCA, Ill. -- The suspension pros at Hendrickson International have just joined hands with one of their competitors, Watson & Chalin Mfg.

Sterling fires Bullet into the market

REDFORD, Mich. -- Sterling Truck says its new class 4-5 Bullet truck, a new chassis-cab vehicle announced in March has begun production. The trucks have already begun arriving in dealerships.

Navistar to build diesel engines in India

CHICAGO -- Navistar has signed a joint venture agreement with Mahindra & Mahindra Ltd. of India to produce diesel engines for medium and heavy commercial trucks and buses in that country.