Borderlands: Canada

Breakout List curates a list of startups that have a high possibility of success, thus making it easier for startup-inclined people to choose a company they would want to work in.

The facility will be capable of producing approximately 1.2 million tons of steel plate products per year. Nucor expects the plant to be fully operational by 2022.

Canada’s 36M people live across 3.8M square miles. The country is looking to drones to make faster delivery possible.

Canadian customs brokerage and BiTA member participates in pilot program of system developed by Maersk and IBM, involving Canada Border Services Agency.

Toronto firm courting couriers as it expands beyond pilot projects.

More refiners make pledges to supply market for IMO-compliant fuel, but if those efforts fall short, diesel may be next best option.

Canadian National (NYSE: CNI) laid out plans to invest C$615 million this year in network infrastructure in eastern Canada amid wider efforts by stakeholders to revamp Canada’s transportation infrastructure and support the nation’s export markets.

U.S. and European freight railroads are very different in many respects. Market analyst Jim Blaze gives insights about how the two systems differ.

The Canadian Transportation Agency (CTA) is seeking public comments on amendments to regulations that govern the rail rates that Canadian National and Canadian Pacific set for hauling grain in western Canada.

Canadian firm nets C$100 million from deal with Saskatchewan bulk transportation company.

Auto sales are declining, but the National Automobile Dealers Association still expects strong sales for 2019, plus the one area where Amazon is losing and opposition to Canada’s carbon tax grows.

Canadian trucking company Bison Transport acquired H.O. Wolding Inc., or HOW, a 320-truck dry van fleet headquartered in Amherst, Wisconsin, on April 1.

Celadon announced late this afternoon that is was selling its A&S Kinard and Buckler Transport subsidiaries to Day & Ross, a wholly owned subsidiary of Canadian company McCain Foods Limited. Celadon is seeking to focus on core businesses and also refinance its debt obligations.

Aulick and ShirAul were “a compelling strategic fit for our Specialized Truckload growth objectives in the U.S,” says CEO Alain Bédard.

Surcharge to add thousands of dollars to annual cost for long-haul truckers. But will it help improve fuel efficiency?

Increases in manufacturing and construction help GDP grow by 0.3 percent following slowdown at end of 2018.

One of the biggest terminals on the west coast is showing better results after multi-year automation project as final auction nears.

Railroad company must re-open Thunder Bay, Ontario, span to vehicles after lengthy legal battle.

Today’s Pickup: March 27, 2019

Canadian cross-border trucking and logistics firm to establish new business based in Charlotte, North Carolina, and plans additional locations in the United States.

Proposed legislation seeks to piggyback U.S. maritime industry to gas export boom, but bill lacks loan guarantees behind the ‘70s heyday.

Cross-border drivers like new wage structure, carrier executive says.

U.S. maritime’s economic contributions may be at risk if Chinese tariffs remain in place.

The debate over how many crew members should operate a freight train is back in the spotlight again as federal and state officials push to mandate crew size for the freight railroads.

There are plenty of conflicting data points on the direction of the economy, which might suggest that everything may be just fine in the near term.

Canadian National (CNR) finalized its acquisition of trucking and transportation provider TransX, months after announcing plans to purchase the company.

Drone Delivery Canada’s expanded offering brings C$10 million – a month after announcement of long-range Condor model.

Accident that killed members of the Humboldt Broncos hockey team in Saskatchewan spurred efforts improve driver-training standards in country.

The Alaska-based family of companies does everything from shipping Alaskan seafood around the world to delivering mail and other essentials to remote bush communities via hovercraft.

Will cyberattack remain a drag on the company?

In partnership with Reliance Partners …If the DRIVE-Safe Act gets passed in the Congress, it would usher thousands of young drivers into the long haul trucking space. For them to have a long and successful career in the industry, it is critical for them to focus on body movement and the way they interact with their environment to prevent workplace injuries.

Proposal would boost incentives for greener fleets as industry bemoans forthcoming carbon taxes.

More than a foot of snow could fall in parts of New England at the end of the week. Winds could reach blizzard strength.

Israeli-based maritime startup Orca AI provides uses artificial intelligence and data analytics to prevent ships from colliding with obstacles while at sea.

The Rhenus Group, a German-based logistics service provider, acquired Canadian logistics company Rodair this week.

Strong performance from Ontario-based Peterbilt dealerships reflects overall North American demand.

Good day, About $400 million in less-than-truckload business has gone elsewhere since regional carrier New England Motor Freight (NEMF) said Feb. 11 it would file for bankruptcy protection and subsequently go out of business. Speculation is that New Penn, the Northeast regional unit of YRC Worldwide, Inc. and Old Dominion Freight Line Inc. took a […]

Comments by HEXO executive highlight difficulties cannabis producers face in getting product to consumers.

Record flood stages have been reached on some Midwest rivers after heavy snow, record winds hit the Great Plains.

International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net profit all substantially increased last year compared to 2017. Acquisitions and increased box volumes drove revenues and profits. DP World has announced investment plans for 2019.

Canadian transportation and logistics company searches for replacement of Kasia Malz, who helped guide mergers and acquisitions.

City’s construction boom helped fuel influx of steel to Canadian inland port.

The nominees have been announced and voting is now underway in the inaugural FreightWaves Shipper of Choice awards. The Shipper of Choice Award is in partnership with Convoy.

If the world’s fleet of 737 MAX 8 aircraft were to be grounded for some period of time until a fix is found, how much impact would that have on air cargo?   

Canada’s No. 2 auto parts maker sees growth surge in industrial manufacturing business.

Canadian-made Class 8 truck posts a 250-mile range and 25,000-pound maximum payload.

Destructive winds, heavy snowfall in the Great Plains will slow down truckers, disrupt supply chain for a couple days. Up to a foot of snow, winds reaching 60 mph.

Over the last several years, Columbus Rickenbacker airport has emerged as a key and growing alternative U.S. gateway for international air cargo.

Member of THE Alliance is latest ocean carrier to experience financial difficulty amid a still volatile rate environment.

Navistar International Corporation’s first quarter revenues bounce on orders for new truck designs and a strong performance in the spare parts business.

This February was brutal in parts of the Midwest. One city reported more than 50 inches of snowfall. Weekend blizzard to add more.

With female representation among truckers at just three percent, industry looks for ways to close gap.

Canadian transportation and logistics firm may add as many as 68 new trucks and 160 trailers to its fleet this year.

Fourth-quarter revenue at the cross-border transportation and logistics company increased by 20 percent.

Talks between the U.S. and China have made significant progress over the last several weeks, and the two sides appear to be closer to a deal than at any time over the past several months. However, while the restoration of positive trade relations will help the trade outlook, other factors are likely to keep trade growth subdued going forward.

Canada’s largest port handled 147 million tons of cargo during 2018.

FreightWaves executives discuss how futures mitigate risks facing carriers, shippers and intermediaries in spot trucking market.

Oregon business and philanthropic leader Peter Stott started his first trucking company in 1969.  

Transportation-as-a-service will have a huge 2019, and Lyft is kicking it off.

Lower investments and exports help push down Canadian GDP growth to lowest level in more than two year.

Flashback Fridays previews the soon-to-open Freight Alley Haul of Fame and showcases four trucking companies that contributed to the history of trucking.

Australian miner Rio Tinto generated over US$12 billion (all figures in U.S. dollars) from its bauxite, alumina and aluminum production in 2018. It predicts about 67 million tonnes production of bauxite, alumina and aluminum this year. These minor bulk commodities are significant seaborne cargoes.

UPS provides fulfillment, shipping for SMBs using e-marketplaces.

Alain Bédard says Canadian transport giant expects growth and acquisitions to continue on both sides of border.

Political tensions in the Washington-Beijing bilateral relationship are making the China-based U.S. business community uneasy. Tariffs are being blamed for driving business confidence down, decreasing investment and for re-routing Asia-Pacific supply chains.

Canadian TFI saw revenues and income surge in its truckload segment, while margins improved.

U.S. and Canadian officials are negotiating an end to the costly import levies, which have wreaked havoc on cross-border supply chains.

Acquisition of bulk transporter will grow Canadian TFI’s tanker presence in the United States.

Crawford’s mission is to secure large enterprise customers, grow the company aggressively, and prepare for the next stage in the venture capital cycle.

Truck stop-travel center operator returned to core business in q4, CEO said.

U.S. private equity firm Platinum getting Canada’s largest customs broker for undisclosed sum

Microdea is an Ontario-based company that digitalizes documentation and automates back office processes to make them more efficient, seamless, and less wasteful.

Jack Cooper Transport Company has announced its intention to stop yard management operations and lay off 425 employees at its Louisville, Kentucky terminal.

Stockpiles in the country are building up. Also: more hints on the price of fuel in a post IMO2020 market; Russia’s lack of assistance to OPEC

Ken Husband drove a tanker truck 2,000 miles from Alberta to the Canadian capital, Ottawa, because he says the Trudeau government is hurting the oil industry. “What’s this country going to live on, apples and maple syrup?” he says.

TFI International Inc. wants to expand its last-mile business with the assets of U.S. courier BeavEX, which is seeking bankruptcy protection.

Canopy Growth says retail availability of its recreational cannabis productions have increased as it reported record revenues on the newly legal Canadian market.

The largest Canadian freight brokerage purchased a 3PL concentrated in the Southeastern United States.

A convoy of more than 150 trucks is trekking 2,500 miles from Alberta to Canada’s capital, Ottawa, to push for more pipelines and less regulation of the energy regulation

“It’s all about the cost savings, and, by the way, we’re also using the lowest emission option.”

Descartes Systems Group (NASDAQ: DSGX) has completed its acquisition of Management Systems Resources according to a Descartes press release.

Food delivery startup Zomato is mobilising its last-mile workforce to move towards mechanical and electric bikes for delivery – a move that the company believes would drastically reduce its carbon footprint.

Aurora Cannabis revenues have jumped since the legalization of recreational marijuana in Canada. The company is ramping up production to meet the needs of Canadian consumers who contend with frequent shortages.

Radiant Logistics (NYSE: RLGT) achieved record revenue of $260.9 million in the company’s fiscal second quarter (the fourth quarter of 2018).

Brie Carere of FedEx.

Crude prices are stuck in a $50-$55 range for WTI, as news that would drive prices higher inevitably gets offset soon after by something pushing it lower.

Around a foot of snow coming to the Olympic Mountains this weekend, but Seattle metro area could also see its share. Bitterly cold winds, too,

Genesee & Wyoming, Inc. (NYSE: GWR) beat fourth quarter revenue consensus estimates by $4.89 million. Revenue was expected to decrease by 0.2 percent year-over-year (Y/Y), but it increased 0.7 percent Y/Y from $571.6 million to $575.6 million, according to Seeking Alpha. GWR also beat fourth quarter consensus earnings per share (EPS) estimates of $0.89 by $0.11 to $1.00.

The key benchmark OTRI sounded the alarms about weaker markets, but other indicators were telling a different story.

All-in rates on the way out as new surcharge formulas on the way in as ocean carriers work on ways to share cost burden with customers.

Trucking Freight Futures are designed to offer market participants a chance to offset their risk in the trucking market. Stocks edge up as dollar advances. Amazon adds “transportation and logistics services” to the long list of industries and services it views as competition.

Ryder System, Inc. (R: NYSE) presented its Service Excellence Awards to top-performing carriers at its ninth annual Mexican Carrier Recognition Event in Mexico City on January 17. The event – reported in a press release by Ryder on January 29 – recognized 20 Mexican carriers for their excellence in service in Ryder’s international supply chain.

Also in this report: a rebound in the market helped by OPEC production cuts; ExxonMobil grows big on the U.S. Gulf Coast.

The Hershey Company, one of the largest chocolate manufacturers in the world, is promoting environmental sustainability in its cocoa supply chain.

Americans have become used to buying fruit and vegetables year-round. But it wasn’t always that way, and improved transportation is the key to year-round produce.

FreightWaves adds violations, fuel spread, and more rail data to SONAR platform

Dam collapse could pinch amount of ore heading to water; container crane falls on ship in Canada; Australian port tries to go clean.

Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.

Missing USDA data on wheat stockpiles has traders reacting cautiously.

On the third day of trade talks at the World Economic Forum in Davos, Switzerland, David Carlyle said the U.S. government shutdown is having an impact on the U.S. economy.