Truck News

  • What marijuana legalization could mean for your insurance coverage

    September 15, 2017 2:57PM by Truck News

    MISSISSAUGA, Ont. – The legalization of marijuana will have significant impacts on the insurance and transportation industry as insurance companies will have to extend coverage offerings and anticipate the risks involved in underwriting and dealing with impairment claims. That was

  • Schneider National announces launch of IPO

    March 24, 2017 9:04AM by Truck News

    GREEN BAY, Wisc. – Schneider National launched its initial public offering (IPO) of 28,947,000 shares of its Class B common stock today. The IPO price is between $18-$20 per share, the company said. Schneider is issuing and selling up to 16,842,000

  • BMO Financial to acquire GE Capital’s Transportation Finance business

    September 11, 2015 9:45AM by Truck News

    TORONTO, Ont. – BMO Financial Group and its Chicago-based subsidiary, BMO Harris Bank N.A., announced the signing of an agreement with General Electric Capital Corporation to acquire GE Capital’s Transportation Finance business in the US and Canada. “BMO Financial Group

  • Old Republic Insurance offers new online training library

    December 1, 2014 4:16PM by Truck News

    HAMILTON, Ont. — Old Republic Insurance is introducing a new online library of training resources for its customers. The training material will be provided by Infinit-i Solutions. The model is based on that being used by Great West Casualty Company

  • Transportation Media publications win nine TWNA awards

    April 1, 2014 2:53PM by Truck News

    LOUISVILLE, Ky. — Transportation Media publications Truck News, Truck West and Motortruck Fleet Executive won a total of nine Truck Writers of North America Communications awards.

  • Feature Transportation

    Up in the air

    May 1, 2013 12:00AM by James Menzies

    WHITBY, Ont. – Single-truck owner/operators, particularly those serving niche markets, are finding it more difficult – and much more expensive – to find insurance, thanks to a rapidly changing insurance landscape that’s…

  • NAL Insurance launches new individual health, dental program

    April 2, 2013 1:58PM by Truck News

    LONDON, Ont. — NAL Insurance has launched a new individual health and dental program, developed in partnership with The Benefits Company and Green Shield of Canada. NAL officials say the program will be offered on a “guaranteed…

  • The Guarantee creates new role to showcase the gifts of Magi

    December 6, 2012 8:28AM by Truck News

    TORONTO, Ont. — The Guarantee Company of North America has appointed Angelique Magi to the newly created role of vice-president of strategic initiatives. In the role, Magi will help the specialty insurance provider to explore a range of…

  • Insurance telematics could ‘flip the underwriting model on its head’

    August 20, 2012 11:21AM by Truck News

    Insurance brokers and providers may soon be asking fleets for access to their telematics data, in an effort to provide more accurate insurance pricing and to help fleets better utilize that data.

  • Insurance industry must do better job of evolving with customer demands

    September 23, 2011 11:40AM by Truck News

    TORONTO, Ont – Canada’s trucking insurance industry, besieged by slumping underwriting margins and  low investment yields while forced to cover the cost of rising cargo theft, needs to evolve by looking from the outside in rather than from…

  • Feature Transportation

    Lenders say they’re open for business

    May 1, 2010 12:00AM by Ingrid Phaneuf

    TORONTO, Ont. – When it comes to access to credit in the wake of the economic downturn, the good news is it’s slowly becoming more accessible. The bad news is, it’s only becoming more accessible for l…

  • Feature Transportation

    Credit Crunch

    May 1, 2009 12:00AM by James Menzies

    TORONTO, Ont. – There’s a widely-held belief in the transportation industry that the global financial crisis is preventing trucking companies from accessing the capital they need to grow their busines…

  • CTHRC announces new accreditation program

    November 17, 2005 11:53AM by Truck News

    OTTAWA, Ont. — In response to industry’s need for an increase in skilled drivers, the Canadian Trucking Human Reso…

  • Feature Regulations

    Ont. drivers strike out at age 65

    June 1, 2005 12:00AM by Ingrid Phaneuf

    TORONTO, Ont. – The average age of the Canadian truck driver is 46, according to a recent study by the Canadian Trucking Human Resources Council. The CTHRC also estimates the need for truck drivers in…

  • CVOR seminar Jan. 12

    December 13, 2004 10:17AM by Truck News

    TORONTO, Ont. — The Toronto Trucking Association is holding a breakfast panel discussion on understanding, managin…