Earnings Watch: UPS, ODFL Rise; Knight, P.A.M., Hub, Echo Fall
At a time when many trucking companies are reporting lower third quarter profits, two report slight gains but they remain the exception rather than the rule. UPS Inc. reported net income increased 1% to $1.27 billion, or $1.44 per share, up from $1.257…
Economic Watch: Durable Goods Mixed, New Home Sales Best in 9 Years
Shipments and new orders for long-lasting manufactured durable goods were varied in September. While home sales continue growing, one key economic indicator fell.
XPO Logistics Sells Truckload Operations to TransForce
XPO Logistics Inc. announced Thursday that it has sold its truckload business to Canada’s growing trucking concern TransForce Inc. for approximately $558 million in cash. After XPO bought Con-way Inc. a year ago, Con-way Truckload’s operations appeared to many observers to be an odd fit for XPO, which bills itself as the second largest freight brokerage provider in the world.
Polaroids, trucker hats, Geraldo: The story of topless doughnut shop in 1989
Polaroids, trucker hats, Geraldo: The story of topless doughnut shop in 1989 Decades before “Free the Nipple,” a topless truck stop served up doughnuts, coffee and controversy in Colorado. Check out this story on USATODAY.com: http://usat.ly/2eRFPSt Ad…
Trucking Alliance petitions FMCSA to allow hair testing for substance abuse
Transportation companies affiliated with The Alliance for Driver Safety & Security have petitioned the Federal Motor Carrier Safety Administration to allow hair testing in lieu of a urinalysis to comply with pre-employment drug testing regulations …
Look Ahead: 2017 Economic Forecast
What’s in store for Canada’s economy in 2017? Carlos Gomes, senior economist with Scotiabank, gives his annual economic outlook at this year’s Surface Transportation Summit.
TransForce acquires truckload operation of XPO Logistics
MONTREAL, Que. — TransForce announced today that it has acquired the North American truckload operation of XPO Logistics. XPO Logistics is a top 20 carrier headquartered in Joplin, Mo. The business provides an integrated offering of point-to-point dry-van TL transportation services across…
Arcade-like simulator teaches students how to drive big rigs
The simulator can be a challenge, even for longtime truck drivers, like this employee of RH Frenette in Petit-Rocher A tractor-trailer simulator touring the province is teaching students in the 12-week professional truck driver course in community coll…
Beer-hauling – self-driving’ truck makes history but how should hours be logged?
A tractor-trailer equipped with Otto self-driving technology is shown traveling on Interstate 25 October 20 loaded with Budweiser beer in the world’s first commercial shipment by a self-driving truck. A professional truck driver monitored the trip from the sleeper berth, which begs the question of how the driver should have classified the trip on his Hours of Service log.
Kenworth Truck Centres hosts grand opening for new Cambridge facility
CAMBRIDGE, Ont. — Kenworth Truck Centres Cambridge moved into its state-of-the-art facility last month and officially held its grand opening today. The new facility at 40,000 sq-ft is quadruple the size of its old location in Kitchener and has staff…