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Trucker Delivers Hope, Hay for Drought Stricken Farmers preview image CTA

Trucker Delivers Hope, Hay for Drought Stricken Farmers

EDMONTON -- Hope for several Edmonton farmers arrived last week in the form of a turquoise Kenworth piloted by Canadian Trucking Alliance (CTA) board member Carl Rosenau, president of Rosenau Transport. Rosenau was busy hauling flatbeds full of donated hay to Edmonton-area farmers suffering from drought conditions, according to CTA. For many western farmers, this has been one of the hardest summers in 50 years, marked by weeks of drought that have decimated hay crops and left farmers struggling to feed their livestock.

Trailer Manufacturer Manac Going Private preview image Trailer Manufacturer Manac Going Private article image

Trailer Manufacturer Manac Going Private

SAINT-GEORGES, QC-- Canada's largest trailer builder, Manac, has been transferred from public to private ownership. The announcement was made Thursday. The original founding Dutil family will be among the consortium of new owners. Media reports say the Dutils will be investing $36 million in the private company while Quebec's pension fund manager, its Quebec manufacturing fund, a labor fund and Investissement Quebec are providing $104 million in equity investments and loans. Manac was spun off from the Canam Manac Group in 2004 and taken public in 2013. Charles Dutil, Manac president and CEO, will remain in his current position.