Today's Trucking
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Carriers regain control of rate setting: report

February 11, 2015 by TEONA Baetu

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.

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Restart rule could be suspended

December 15, 2014 by TEONA Baetu

WASHINGTON, DC- The trucking industry’s effort to suspend the current 34-hour restart is inching closer to victory.

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Cross-Border Trade Up Again in May

October 30, 2014 by Martin Smith

WASHINGTON, DC – The value of cross-border trade between the U.S. and its North American trading partners, Canada and Mexico, was up 5.4 percent in May compared to last year.

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U.S.-NAFTA Trade Second Best on Record

October 30, 2014 by Martin Smith

WASHINGTON, DC – Trade between U.S. and its neighbors, Canada and Mexico, rose by 6.2 percent year-over-year in March, totalling $101.5 billion, according to a new U.S. Transportation report.

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Trucks Carried Most NAFTA Trade in December

October 30, 2014 by Martin Smith

WASHINGTON, DC – Most of the freight transported between US and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico in December was hauled by truck, according to a new U.S. Transportation Department report.

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More Goods Riding on the Back of Trucks

August 1, 2014 by Martin Smith

TORONTO – February 2014 had the highest recorded year-over-year increase in volume of goods transported by truck – an increase of 60 percent, according to TransCore Link Logistics’ Canadian Freight Index.

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US Firm Buys Montreal Trucking Company Dicom

August 1, 2014 by Martin Smith

MONTREAL, QC – Illinois-based private equity investment firm Wind Point Partners bought a majority stake in Montreal-based trucking company Dicom Transportation Group.

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FedEx Freight Raises Rates

August 1, 2014 by Martin Smith

MEMPHIS, TN – FedEx Freight will increase shipping rates by about 3.9 percent, effective March 31.

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TransForce Suffers Frostbitten Profit

August 1, 2014 by Martin Smith

MONTREAL, QC – The largest Canadian carrier, TransForce, says bad weather,the closure of its oil rig and severance costs caused profit to fall to $12.3-million in the fourth quarter of 2013 from $36.1-million a year earlier.

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TransForce Buys US Trucking Firm for $310M

August 1, 2014 by Martin Smith

MONTREAL, QC- TransForce has a $310-million US deal to buy Minnesota-based Transport America, Inc., a truckload carrier in the United States.

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Ambassador Bridge Has New Toll System for Canada-Bound Trucks

August 1, 2014 by Martin Smith

WINDSOR, ON – The Ambassador Bridge announced changes to toll collections for all Canada-bound trucks, the Ontario Trucking Association reports.

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January’s Cold Weather Slowed Truck Trade

August 1, 2014 by Martin Smith

WASHINGTON, DC – January’s extreme cold kept more trucks off the roads, causing freight transportation levels in the U.S. and Canada to fall by 3.4 percent compared to January 2013, U.S. Department of Transportation data shows.

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Tax May Cause Canadian Trucks to Be Turned Around at Border

August 1, 2014 by Martin Smith

NEW YORK, NY – U.S. officials are stepping up enforcement on Canadian carriers regarding payment of the federal heavy duty vehicle use tax (HVUT), which may result in some trucks being turned around at the border.

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Border Crossing to Improve With New Canada/U.S. Plan

August 1, 2014 by Martin Smith

OTTAWA – Government officials from Canada and the United States announced a new joint border investment plan called Canada-United States Border Infrastructure Investment Plan (BIIP).

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Canada and US Agree to New Cargo Pilot

August 1, 2014 by Martin Smith

Canada and the US just took some steps towards making crossing the border easier