News

Driver exam crush ahead of mandatory training

TORONTO, ON -- An increasing number of would-be truck drivers are lining up for licensing tests at Ontario DriveTest centers as the province approaches a July 1 deadline to introduce Mandatory Entry-Level Training (MELT). The number of appointments has increased since the beginning of 2017 and was up 20% last March when compared to the same month in 2016, an Ontario Ministry of Transportation spokesman confirms. The surge was not unexpected, either. Extra examiners were trained, and more classified test slots had been allocated to respond to an increase in demand.

The Downspeeding Decision: Can it work with Canadian spec’s? preview image The Downspeeding Decision: Can it work with Canadian spec's? article image

The Downspeeding Decision: Can it work with Canadian spec’s?

Spec'ing powertrains for Canadian operations is a tricky job. Americans take their powertrain spec's pretty seriously as well, but how tough is it to get something that will move 80,000-pound loads on interstate highways? To be fair, our southern neighbors are always pushing the proverbial envelope, but tricky takes on a whole new meaning when it comes to downspeeding.

Federal Signal acquiring TBEI

OAK BROOKS, IL - Federal Signal Corporation is acquiring Truck Bodies and Equipment International (TBEI) - a maker of dump truck bodies and trailers -- for US $270 million. TBEI runs five manufacturing facilities through the U.S., and in the year ending March 31 it generated US $206 million in revenue. The purchase price represents 7.2 times TBEI's earnings before interest, taxes, depreciation and amortization for the same year. The deal strengthens Federal Signal's position as a specialty vehicle manufacturer in maintenance and infrastructure markets, according to an announcement about the deal. It adds to the company's existing expertise in chassis-based vehicles.