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Cummins revenue down 9% in Q1
Thursday May 5, 2016 11:52 AM
COLUMBUS, IN — Cummins Inc. says lower production and weak equipment demand are primary factors in its financial results for the first quarter of 2016, which show revenue of $4.3 billion,...
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Trimac weighs privatization offer
Monday May 2, 2016 10:53 AM
CALGARY, AB — Trimac Transportation Ltd. announced that it has received a proposal from its principal shareholder, Trimac Holdings Ltd., to privatize Trimac, a consideration now under...
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Utility Trailer's Glade Springs plant marks sales milestone
Tuesday April 26, 2016 3:38 PM
CITY OF INDUSTRY, CA — Utility Trailer Manufacturing’s plant in Glade Spring, VA, has sold its 75,000th 4000D-X Composite dry van trailer, marking a valiant return from major tornado damage...
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Mullen Group hit by huge oilfield services decline
Tuesday April 26, 2016 2:43 PM
OKOTOKS, AB — Trucking and logistics firm Mullen Group is reporting a 3.4% drop compared to 2015 for its first quarter revenue of 2016, which came in at $173.9 million. But the company was...
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TransForce CEO says Q1 results 'mixed'
Tuesday April 26, 2016 1:58 PM
MONTREAL, QC — TransForce Inc. CEO Alain Bédard describes the North American trucking firm’s first quarter results of 2016 as “mixed,” with performance strained by a weak Canadian economy.
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Live Twitter coverage of Ritchie Bros. Edmonton auction
Tuesday April 26, 2016 12:17 PM
EDMONTON, AB — It's difficult to capture the scope of equipment on display at @RitchieBros. With no min bids, everything sells.
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Nfld budget hits trucks with spikes for diesel, HST, permits
Tuesday April 26, 2016 10:27 AM
DIEPPE, NB — The Atlantic Provinces Trucking Association says Newfoundland & Labrador’s new provincial budget will hit hard with its five-cents per litre diesel tax jump combined with a...
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Mack projects 250,000-truck market, bigger vocational share
Friday April 22, 2016 3:03 PM
AUSTIN, TX – Mack Trucks president Dennis Slagle admits that North America’s truck makers are still living through a “hangover” when it comes to sales. “The over-exuberance at the end of...
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