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Navistar executives looking ahead preview image Navistar executives looking ahead article image

Navistar executives looking ahead

NEW CARLISLE, IN - Backed by a new family of products and a robust economy, Navistar executives are clearly feeling positive about the future. "We have [introduced] a lot of new products in the last two years, and we got a lot of new products coming in the next two," said Denny Mooney, senior vice president - product development, during a briefing to industry media. Those new products include the LT linehaul tractor, its RH regional hauling counterpart introduced at the Expocam trade show in Montreal, the heavy vocational HX tractor launched last year to replace the PayStar, and the new HV that replaces the WorkStar. The HV was unveiled at the recent North American Commercial Vehicle Show in Atlanta, Georgia. The HX itself represents a market segment that Navistar saw drop in half after it stopped producing 15-liter engines. "Our [13-liter model], because it was an EGR engine, we couldn't cool it at some of the power and torque ratings we needed," he said.

Crashes double from Oct to Dec says BC safety group

RICHMOND, BC - The Winter Driving Safety Alliance (WDSA) is urging drivers in British Columbia and everywhere to drive according to the weather conditions and go slow on the roads as Fall transitions into Winter. The group made up of industry insiders in that province, including the Government of B.C., the Insurance Corporation of B.C., and WorkSafeBC, says the number of police-attended collisions due to driving too fast for the weather conditions doubles each year in December, compared with October from the same year.

Teamsters congratulate new Quebec minister

Quebec City, QC - Quebec Member of the National Assembly (MNA) for Pontiac André Fortin is the new head of the department of transportation for the province, and the Teamsters are looking for a spot on his dance card. Quebec Premier Philippe Couillard appointed Fortin to the post in Wednesday's cabinet shuffle, making him the Ministère des Transports, de la Mobilité durable et de l'Électrification des transports (Minister of transportation, sustainable movement and electric transportation).

Freight volumes, rates to rise in ’18: Analysts

MISSISSAUGA, ON - The coming year appears to hold the promise of a growing economy, tighter capacity, and ultimately higher rates for those who haul freight. "When you have the economy doing reasonably well, transportation tends to be generally picking up," said Carlos Gomes, senior economist - Scotiabank, in a presentation during the Surface Transportation Summit in Mississauga, Ontario. He projects economic growth of about 2% in 2018, compared to the 3% seen in 2017. "The Canadian economy recently has been very strong," agreed Walter Spracklin, equity research analyst - transportation sector at RBC Capital Markets. But where railways have enjoyed higher volumes against the backdrop of recent growth, trucks didn't fare quite as well. Railway volumes surged in part because of the demand for fracking sand, feeding into the 6.5% boost in overall freight that moved over iron highways, he said. Intermodal freight volumes are growing as well, although grain volumes are likely to drop when compared to the strong crops of 2016. Of the Canadian railways, CN is seeing capacity tighten, leading to congestion challenges and a projected boost in capital spending.

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