Today's Trucking

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Canada, U.S. Economies Vastly Different ATA Panel Says

October 19, 2015 by sehui

PHILADELPHIA, PA – While Canada was naturally not the main topic of conversation during a discussion of trucking and economics during the American Trucking Associations’ Management Conference and Exhibition in Philadelphia, PA, on Sunday, one leading economist gave his thoughts about it.

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Oilfield Trucking Company Aveda Makes Deep Cutbacks

October 15, 2015 by sehui

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.

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Canadian Economy Downgraded, Atlantic Provinces Mixed

September 22, 2015 by sehui

TORONTO — Expectations for the performance of the overall Canadian economy have been downgraded, but forget talk about a recession, while conditions should improve partly when it comes to the Atlantic Provinces, according to two new reports from the Royal Bank of Canada.

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Trucking Conditions Continue Big Fall

July 13, 2015 by sehui

BLOOMINGTON, IN – The health of the U.S. trucking industry worsened again in May, hitting its lowest level in three years, according to freight transportation forecasting firm FTR. But those same forecasters promise better times are on the way.

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Truckers Truck On, Despite Recession Scares

July 9, 2015 by sehui

Is Canada in an economic recession? That all depends on how you define the term. And even if the answer is yes, will it slow down the trucking industry? According to most economists, a recession is when there are at least two consecutive quarters of negative growth in the country’s gross domestic product, which is a measure of the total output of goods and services. Canada’s GDP fell at an annual rate of 0.6% in the first quarter of 2015, according to government numbers, following 0.6% growth in the final quarter of 2014. A report released at the end of June showed a 0.1% drop for the month of April, meaning our economy shrank for the fourth straight month. Not a full second quarter, but not a good trend.

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Freight Bottlenecks Are Coming to U.S.: Special Report

June 23, 2015 by sehui

WASHINGTON, D.C. – A report released Tuesday provides a thorough snapshot of not just overall business conditions in the U.S. logistics industry but also a look at economic conditions and other issues affecting the trucking industry. And the report suggests that although freight volumes will keep growing, capacity won’t, so you can expect some pretty tight conditions in the near future.

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Haven’t You Heard? Oil Provinces Still Booming

June 9, 2015 by sehui

CALGARY — Housing in Canada’s oil producing regions is booming, confounding analysts who say there is an energy slump that’s hurting the overall economy. So why is this good news for trucking?

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Cummins posts record revenue in 2014

February 6, 2015 by TEONA Baetu

COLUMBUS, IN- Diesel engine maker Cummins Inc. has reported record revenue in 2014 and an 11-percent increase in the fourth quarter from the same time the year before, due to improvements in the North American truck market.

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Opposing Keystone doesn’t make sense for U.S., says FTR analyst

January 8, 2015 by Allan Janssen

BLOOMINGTON, IN – Bill Witte tells webinar audience that increasing use of Canadian oil would be good for U.S. economy.

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Diesel Prices Drop in Canada, the U.S.

December 5, 2014 by TEONA Baetu

WASHINGTON, D.C.- The price of fuel has been dropping both in the U.S. and Canada, and that, for however long it might last, is good news for trucking companies.

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2015 Economic Overview: You’re going to be busy.

December 2, 2014 by TEONA Baetu

TORONTO –  “I predict that between 2030 and 2035, we’ll have roads designated as ‘driverless-only’ roads,” Thomas Frey of the Louisville-Colorado-based DaVinci Institute, a man described as Google’s “Top-Rated Futurist Speaker” told truckers at the Ontario Trucking Association’s (OTA) annual conference in November.  […]

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FUEL-ECONOMY GUIDE

October 30, 2014 by Martin Smith

Bridgestone Bandag Tire Solutions
Releases New Fuel Economy Guide

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FUEL-ECONOMY GUIDE

October 30, 2014 by Martin Smith

Bridgestone Bandag Tire Solutions
Releases New Fuel Economy Guide

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Soaring Loonie could undermine trucking recovery: analysts

August 1, 2014 by Martin Smith

TORONTO — A loonie in flight could ground somewhat the projected growth of freight volumes in the coming months, according to transport analysts at National Bank Financial’s Economics & Strategy Group.

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Outlook 2009

August 1, 2014 by Martin Smith

A New Year’s look at trucking down the Trans Canada