TORONTO, ON – Gibson Energy is selling all its Canadian trucking operation, and most of the fleet it operates in the U.S., as it focuses business assets on crude oil infrastructure.
Between $275 and $375 million in assets are being sold overall, with the Canadian trucking operation expected to be sold by mid 2019, and non-core U.S. trucking businesses to be sold as early as the end of this year.
“Gibson Energy will no longer be thought of as a trucking business,” president and Chief Executive Officer Steve Spaulding said in a Toronto presentation for investors, suggesting that some of the company’s assets simply don’t fit with the company’s vision for the future.
TORONTO, ON – Today’s Trucking is compiling its annual list of the Top 100 – Canada’s largest for-hire carriers. And given the ever-changing size of individual businesses, we want to ensure nobody is missed.
ADDISON, TX – Daseke — North America’s largest flatbed and specialized transportation carrier — has appointed Chief Financial Officer Scott Wheeler as its new president. He also remains Chief Financial Officer and assumes the role from founder Don Daseke, who continues to serve as Chief Executive Officer and chairman.
TORONTO, ON – March 4 is the nomination deadline for the 2016 Canadian Fleet Maintenance Manager of the Year award.
The 26th presentation of the award will take place on April 13 at the International Centre near Toronto Pearson International Airport during the Canadian Fleet Maintenance Summit.
TORONTO, ON — It is an exciting time in the trucking industry. Our generation is learning so much about this business from the previous -generation, but they too are learning from us. You will read about young people who have the energy, technology-smarts and fresh ideas to change the way we do business. After reading this year’s 20 under 40, you will be assured that the future of our industry is in good hands. Something tells me that trucking may already be in my one-year-old son’s blood. When I ask him to back up so I can put his shoes on – he moves backwards while saying “Beep … beep … beep.” Should he choose to join this business and be a part of Today’s Trucking’s 20 Under 40 in year 2039, I could not be more proud.
TORONTO- Today’s Trucking presents trucking’s Team Canada: 2014-version. They’re fast thinkers, good hearted, young and ready to make the tough decisions.
10) You call all cars, buses, trucks, and motorcycles vehicles, as in, “where’d you park your vehicle?” 9) Your main family vehicle growing up was a pick-up. 8) The pick-up always had greasy spare parts rolling around in the back. […]
TORONTO — Micro managing tires can wear you out. And cost more than it’s worth. Try this system instead.
ST. LOUIS, MO- The U.S. economy is on solid ground and bringing higher transportation costs, according to Rosalyn Wilson, supply chain expert and senior business analyst with the management services firm Parsons.
“With carriers gaining more control over rates and capacity tightening, total freight spend in 2014 was higher than in any preceding year,” Wilson said. “As long as capacity remains precariously balanced, we will continue to see a slow trend upwards.”
Parsons’ Cass Freight Index, which measures trends in North American shipping activity based on $23 billion in paid freight expenses for hundreds of large shippers, showed shipment volumes and freight spending both dropped in January, but were at their highest level for the month in three years.
LACHINE, QC – Trans West’s traffic-stopping Number-100 has eight coats of paint, miles of stainless steel; a 550-hp Cat; leather upholstery and every other grace note you might imagine, including a 5,000-watt surround-sound audio system. But what’s best about the truck is the fleet it’s part of.
EDMONTON, AB – Westcan Bulk Transport, one of Western Canada’s largest haulers of liquid and dry bulk commodities, is celebrating 50 years in the transportation industry.
LISLE, IL -Navistar Financial Corporation (NFC), has secured $100 million in funds through one of its relationship banks.
TORONTO — Anybody working in a position related to the maintenance and replacement of moveable capital assets will benefit from a two-day program being offered at the University of Toronto called “Fleet Maintenance and Replacement: Optimizing Life-Cycle Decisions”.
OTTAWA, ON – Shifting towards natural gas trucks? You might want to mark these six natural gas fleet workshops in your calendar.
I was raised in a fleet family. My Dad and his brother started the business a long time ago and when I was in university, the company sort of evaporated.