NASHVILLE, Tenn. — Forecasting firm FTR Associates painted a picture of a challenging 2009 economic environment, with many uncertainties affecting predictions for the end of this recessio
TORONTO — The latest instalment of the Ontario Trucking Association’s quarterly survey of company expectations points to growing, if cautious, optimism amongst Ontario trucking companies.
It might appear to some of us these days that all the economic science involved in predicting the behavior of medium-term markets is as conclusive as a childhood game of plucking rose petals: Recovery. Recovery not.
BALTIMORE, Md. — Truckload and LTL demand stateside is “extraordinarily weak” and while capacity has been declining rapidly, it is not keeping up with the drop in demand.
TORONTO, ON – Ontario’s truckers were more optimistic about trucking’s future than they’ve been in years, according to the Ontario Trucking Association’s business survey.
Banks and financiers have become trucking’s new gatekeepers. That hasn’t paid if you’ve performed well in this recession.
TORONTO — Chief executives in the global transport and logistics industry admit they are less optimistic about growing their business than they were last year, according to a survey by PricewaterhouseCoopers (PWC).
MONTREAL- Canadian trucking giant TransForce has struck a deal to buy Contrans for $495 million in cash plus $85 million of debt, for a total of $580 million, or to use the words of TransForce CEO, Alain Bédard, “the most expensive and largest deal in my life.”
NASHVILLE, IN. – The Shippers Condition Index for October may have improved before possible “deterioration” in 2013, but shipping conditions will still decrease throughout 2013, said the Freight Transportation Associates (FTR).
YELLOWKNIFE — The winter road in Canada’s north that received worldwide attention as part of the U.S.-based History Channel’s hit show Ice Road Truckers is seeing a little less action these days.
TORONTO- Canada’s construction industry has seen steady growth over the last several years, growth which will continue throughout 2014.
ARLINGTON, VA – Recent reports show that U.S. for-hire tonnage have dropped by 0.7 percent month over month but gained 4.1 percent year over year.
EDMONTON — No two economies are created equal, but there’s a pretty good consensus globally that business won’t come easy in the next year or so.
Efficient operation requires a thorough understanding of what makes your truck go.
TORONTO — There’s some fear among cross-border haulers that the U.S. is becoming more reserved, at least trade-wise.