TFI International’s U.S. IPO raises US$230 million

MONTREAL, Que. – TFI International said Tuesday its initial public offering in the U.S. has raised US$230 million. The IPO of 6.9 million common shares closed earlier in the day, the company said. TFI plans to use the proceeds to…

Loadlink’s Canadian spot market rises 13% in January

TORONTO, Ont. – Loadlink’s Canadian spot market is off to a strong start, with freight volumes up 13% from December, according to the load board operator TransCore Link Logistics. Loadlink volume has now risen for four consecutive months, the company&#…

Canadian dealerships among first Platinum Petes

DENTON, Texas – Several Canadian truck dealerships are among the first 71 locations to earn Peterbilt’s new Platinum Service Center certification. The designation is based on scores for factors including facilities and driver lounges, use of Paccar Sol…

Veteran drivers create group to help truckers in need

Life as a professional truck driver in America in 2020 is no bed of roses. In fact, for some, be they new ones with the ink barely dry on their CDL or trucking industry veterans with many years and miles behind them, trucking can present any number of …

Supply chain under pressure as blockades continue

TORONTO, Ont. – An ongoing shutdown of CN’s rail network in eastern Canada is being felt throughout the broader supply chain, as protesters continue to show solidarity in the fight against a planned gas pipeline that would cross Wet’suwet’en territory&…

ATA reports small rise in truck tonnage index

ARLINGTON, Va. – American Trucking Associations’ seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.1% in January after rising 0.5% in December. In January, the index equaled 117.4, compared with 117.3 in December, ATA said. ATA recently revi…

Why Omnitracs Wants to Move Beyond In-Cab Devices

The company that was the first to put a computer in the cab of a truck is now working to move beyond being a hardware provider, said Omnitracs CEO Ray Creer, kicking off the company’s annual user conference – the need for which was highlighted by an ou…

NOx emissions rules to tap into Canadian research

OTTAWA, Ont. – Canada largely adopts vehicle emissions standards established in the U.S., but a future round of rules from the U.S. Environmental Protection Agency (EPA) will be drawing on some decidedly Canadian research. About a year ago, Environment…