Manitoulin buys IPE Logistics

TORONTO, Ont. — Manitoulin has acquired IPE Logistics. This is the eighth acquisition Manitoulin has made in the last year. According to Manitoulin, the purchase strengthens its overall global capabilities, from Asia to North America in the less-…

Spring has sprung on the spot market

So much for March going out like a lamb. Nationally, the final week of the month featured a 3.5 percent increase in available freight, a 3.1 percent decrease in capacity, and another record high load-to-truck ratio for flatbed freight, and rates contin…

Fleets scrambling to secure Class 8 build slots

Preliminary North American Class 8 orders totaled 46,300 units according to FTR, marking the third best month ever. They came in 15% above February’s tally and are up 103% year-over-year. Class 8 orders for the first quarter were the largest…

Analysis: Raising Federal Fuel Tax Makes Economic Sense

The way we pay for federally funded road and bridge projects hasn’t changed over the past 25 years and a fuel tax increase may provide the needed funding for our crumbling infrastructure. Analysis by Business Contributing Editor Evan Lockridge.