News
TFI “cautiously optimistic” about economy
MONTREAL, QC - Just months after acquiring a major truckload carrier in the U.S., TFI International is cautiously optimistic about the state of the North American economy. "Unemployment is low and consumer spending remains solid. Moreover, rising oil prices have given way to a modest rebound in the level of investment in that sector," said chairman, president and Chief Executive Officer Alain Bedard, when releasing year-end results. "These factors should produce a gradual recovery in freight volume and rates." Referring to 2016 as a "transformational" year for the business - which now collects half its revenue south of the border
Manac takes share of ABS Remorques
ASBESTOS, QC - Manac has taken a minority stake in ABS Remorques, a Canadian manufacturer of conveyor semi-trailers, the companies have announced. ABS designs and manufactures specialized live-bottom semi-trailers for aggregate haulers, and has a production facility located in Asbestos, Quebec. Manac produces vans, flatbeds, and specialty trailers such as dumps, low beds, grain hoppers, chassis, chip and logging trailers.
Pamphlets not enough to improve industry image: panel
MISSISSAUGA, ON - Industry employers need to overcome several barriers if they hope to attract a new generation of employees, according to several educators, career and guidance counselors. But the panelists, participating in the Truck Training Schools Association of Ontario's annual conference on Thursday, say there are several ways to reshape the image of trucking-related careers.
Omnitracs, Peloton partner in platooning
DALLAS, TX/MOUNTAIN VIEW, CA - Omnitracs is partnering with Peloton Technology to bring platooning trucks to market - using Omnitracs routing and dynamic dispatching applications to support navigation, and calculating savings that can be realized through scheduled or ad-hoc platoons of trucks from different fleets.