fleets

The Impact of Truck Driver Wellness Programs

It's logical to think that helping drivers improve their physical health and general well-being will make a dent in the runaway turnover rates now endemic at many motor carriers. Yet when executives at several large and respected long-haul fleets talk about why they rolled out driver health and wellness programs and why they keep investing in those initiatives, it's apparent they seek to achieve something more altruistic than merely quelling driver churn.

TransForce Disposing of Waste Management Business

MONTREAL, QC - Canadian trucking and logistics giant TransForce Inc. has reached an agreement to sell its waste management segment to Toronto-based GFL Environmental Inc for $800 million. The transaction will consist of the sale by TFI Holdings Inc., a wholly-owned subsidiary of TransForce, of 100 percent of the shares of Services Matrec Inc. and of the other indirect wholly-owned subsidiary companies comprising TransForce's waste management segment.

Oilfield Trucking Company Aveda Makes Deep Cutbacks

CALGARY, AB - The financially troubled Aveda Transportation and Energy Services Inc. is making a series of changes, including shuffling its leadership and big cutbacks. The provider of oilfield hauling services and equipment rentals to the energy industry will consolidate the majority of its U.S. corporate office in Houston, TX, including all Houston-based corporate level positions, into its head office in Calgary, AB.