Truck
Inland Manitoba Port Gets the Gas
WINNIPEG, MB - Development of Canada's first and largest tri-modal inland port and Foreign Trade Zone has gotten a shot in the arm with the company Manitoba Hydro announcing a new project that will extend natural gas service and other utilities to CentrePort's 20,000-acre footprint.
New Brunswick Considering Highway Tolls to Raise Revenue
FREDERICTON, NB -- Highway tolls and outsourcing highway maintenance are among two of many choices being considered by the New Brunswick provincial government in a report outlining possible financial moves to eliminate debt. "The choices presented in this report were brought forward by New Brunswickers through the review process," said Health Minister Victor Boudreau, who is also minister responsible for Strategic Program Review. "Not all choices contained in the report will be implemented. these are for consideration and discussion as we near the end of the review process." The review was launched in January 2015 with the goal of finding $500 million to $600 million to address the province's financial situation. Decisions will be announced as part of the 2016-17 provincial budget.
BMO Closes on Purchase of GE Transportation Finance
CHICAGO, IL and TORONTO, ON -- BMO Financial Group, the parent of BMO Bank of Montreal, and its wholly-owned Chicago-based subsidiary BMO Harris Bank N.A. has completed its acquisition of General Electric Capital Corp's. Transportation Finance business.
Diesel Prices Decline for Third Straight Week
LONDON, ON and WASHINGTON, D.C. -- Average diesel prices in both Canada and the U.S. have turned lower for the third consecutive week as oil prices could possibly head even lower while one nation's crude exports have returned to its highest level in decades.
Canadian Traffic Crashes Increasing, U.S. Fatal Collisions Up
TORONTO, ON and WASHINGTON, D.C. - Traffic collisions in Canada are increasing while fatal crashes in the United States during the first half of the year also moved higher following a 2014 decline, according to newly released and separate reports, signaling to trucking that roadways are as dangerous as ever in many ways.
U.S. Rules Against Driver Coercion to Soon Take Effect
WASHINGTON, D.C. -- The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) has announced new regulations that will take effect on Jan. 29, 2016 that it believes will help further safeguard commercial truck and bus drivers from being compelled to violate federal safety regulations. The rules over so-called driver coercion, provides FMCSA with the authority to take enforcement action not only against motor carriers, but also against shippers, receivers, and transportation intermediaries. The regulations address three key areas concerning driver coercion: procedures for commercial truck and bus drivers to report incidents of coercion to the FMCSA, steps the agency could take when responding to such allegations, and penalties of up to US$16,000 that may be imposed on entities found to have coerced drivers.