Business Management Mixed bag for Canada’s spot market in March April 24, 2023 Canada’s spot market softened again in March, with load volumes down 6% from February levels and 53% year over year. Meanwhile, truck postings surged 29% from February, with 2.51 trucks…
Business Management Economic Trucking Trends: Q1 earnings paint grim picture as freight conditions deteriorate April 21, 2023 Publicly traded U.S. fleets have begun reporting Q1 earnings, and they aren’t pretty. Spot market rates continue to be below operating costs, squeezing smaller carriers out of the marketplace. But…
Business Management Truck tonnage in March saw largest loss since pandemic April 18, 2023 U.S. for-hire truck tonnage plummeted 5.4% in March, the largest sequential decline seen since April 2020 at the beginning of the pandemic. The drop comes on the heels of a…
Business Management NFI doubles Canadian footprint with SDR Distribution acquisition April 18, 2023 NFI Industries has increased its Canadian presence, buying SDR Distribution Services and doubling its Canadian distribution footprint in the process. SDR is a multichannel provider of custom warehousing and distribution…
Business Management Plan a crash response before one happens April 17, 2023 A quick survey of attendees at the Fleet Safety Council – Central Chapter’s three-part seminar series on collision preparation and response showed many in the room had the unfortunate experience…
Business Management Trucking conditions weakened in February April 17, 2023 Weaker freight rates and volumes caused trucking conditions to deteriorate in February, according to the latest FTR Trucking Conditions Index (TCI). The -5.17 reading was down from -1.71 in January,…
Software DDC FPO enhances Customer Care services April 14, 2023 DDC FPO has added new functions to Customer Care suite of services, giving fleet users of its front and back office outsourcing products the ability to…
Business Management Driver Inc. is bad news for just about everyone April 11, 2023 For months now I’ve been trying not to write about this subject, but I’m giving up. Driver Inc., as it’s called, is a scourge on the freight-hauling industry and I…
Business Management Trucking job vacancies increased sharply in 2022: Trucking HR Canada April 6, 2023 Trucking HR Canada’s latest labor market information indicates Canada’s truck driver shortage is worsening, with the vacancy rate for jobs in the truck transportation industry in 2022 more than tripling…
Business Management Transport Dynapro buys Transport TEB April 4, 2023 Transport Dynapro has acquired fellow Quebec hauler of fresh products, Transport TEB. In a press release, Dynapro announced that the “complementarity of the truck fleets of the two companies will…
Other Topstone Career College offering MELT course April 3, 2023 Topstone Career College in Kitchener, Ont., has announced it’s now offering Class A entry-level training for professional truck drivers. The MELT program is 103.5 hours, and…
Business Management 5 lease considerations for trucking companies April 3, 2023 A trucking or transportation company needs to consider a number of unique issues before entering a commercial lease agreement as a tenant. The following are five items to bear in…
Business Management Women don’t feel wanted in trucking, but new research reveals an opportunity March 31, 2023 New research on women’s perception of trucking and the career opportunities within it paint a sobering picture, but also create an opportunity. Abacus Data recently completed a survey of 1,500…
Software Trimble Connect adds dwell time insights March 30, 2023 Trimble’s Connect Locations feature now allows fleets to track dwell times at customer facilities and other locations. Average dwell time metrics draw from a database of…
Business Management Hiring students offers pipeline into future talent March 28, 2023 Hiring students can help transportation and logistics companies meet current needs, build a talent pipeline and beat the competition for the best candidates. Companies should make hiring students a part…