Canada’s few big trucking companies now have a lifeline: the feds
“I hope like hell we never have to avail ourselves of it,” Challenger CEO says as the Canadian government emerges as a lender of last resort for the country’s largest businesses.
“I hope like hell we never have to avail ourselves of it,” Challenger CEO says as the Canadian government emerges as a lender of last resort for the country’s largest businesses.
ANPACT reported the total number of heavy-duty trucks, medium-sized trucks and buses sold during the first four months of the year was 6,495, a decrease of 48.1% compared to 12,521 units sold during 2019.
Food shipment volumes across restaurants and hotels are still down, while on-demand food delivery volumes have gone up during this pandemic.
Daseke selects current flatbed head to lead operations amid a multi-year restructuring effort.
An integration with 3PL Systems will make Trucker Tools’ Smarter Capacity platform available to all 3PL customers. Plus, a major airline failure could be on the horizon, online car buying could be here to stay, and more Pennsylvania rest stops open.
The world of transportation has changed due to COVID-19. Read about how shipping professionals are adapting to those changes.
Amazon will occupy a huge air cargo facility being built at San Bernardino Airport as it expands its private airline and air delivery network.
State, Teamsters have appealed to higher court over exempting trucking from independent contractor restrictions
YRC beats expectations with the benefit of outsized gains on sales. Noting volumes were down 24% in April, management says it likely won’t satisfy debt covenants into 2021 and it opts out of questions on its call.
Agent-based 3PL had been looking for “tuck-in” opportunities.
Former trucking company owner slapped with 15-month prison sentence for wire fraud
Recommendations include electronic invoicing, advance appointments, emergency sick leave.
Toyota subsidiary Hino Trucks is recalling 13,700 conventional body trucks because the negative battery cable is too short, preventing one in five trucks from restarting after being turned off.
The current focus on the rate war distracts from the real issue at hand: how to build a profitable trucking business and control your own future.
The biggest loss before that in the past seven years: not even 10,000 jobs.
vHub, which connects owners of underutilized trailers with those looking for short-term trailer usage, has opened its platform to integration with most telematics systems. Also, China trade deal in doubt, retail imports fall and road funding drops.
First female judge advocate general and chief counsel, a returning business development leader and a service center manager are announced.
Union Pacific shutters Cold Connect, citing low freight rates and consumers purchasing shelf-stable items instead of fresh produce amid the coronavirus pandemic.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: U.S. supply chains’ future could be tied to Mexico and USMCA; Forager celebrates Laredo’s history as an international port; CBP aims to keep Mother’s Day flowers pest-free; Dachser Mexico offers new customs house brokerage services.
Officials with Cardone said the layoffs were part of the “dramatic, sudden and unforeseeable negative business circumstances the company is suffering due to COVID-19 pandemic.”