Today's Trucking

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Feds propose big infrastructure spending in budget

August 1, 2014 by Martin Smith

OTTAWA — There was no shortage of critics commenting on the budget released by the federal government on Jan. 27, but the Canadian Trucking Alliance wasn’t one of them.

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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

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Uncertainty, overcapacity issues like a ‘falling knife’: Analysts

August 1, 2014 by Martin Smith

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

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Carriers showing renewed optimism for the economy

August 1, 2014 by Martin Smith

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.

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U-V Recovery?

August 1, 2014 by Martin Smith

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.

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Capacity fears keeping some truck rates steady: US analyst

August 1, 2014 by Martin Smith

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.

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Are Ontario’s Truckers Back in the Black?

August 1, 2014 by Martin Smith

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.

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Overdrafted

August 1, 2014 by Martin Smith

Banks and financiers have become trucking’s new gatekeepers. That hasn’t paid if you’ve performed well in this recession.

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Challenges, yes, but CEOs see light in the distance

August 1, 2014 by Martin Smith

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).

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7 Reasons Why Bédard Made His Biggest Deal Ever

August 1, 2014 by Martin Smith

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.”

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Shipping Conditions to Worsen in 2013

August 1, 2014 by Martin Smith

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).

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Ice road truckers feel the economic freeze

August 1, 2014 by Martin Smith

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.

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Construction Biz Growing, Looking for More Truck Drivers

August 1, 2014 by Martin Smith

TORONTO- Canada’s construction industry has seen steady growth over the last several years, growth which will continue throughout 2014.

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U.S. Loads Down This Month But Up Year Over Year

August 1, 2014 by Martin Smith

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.