Canada
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Canada
ENTREC cleared to pursue asset sales as lenders extend financing
Canadian judge approves heavy-equipment hauler’s plans to operate under creditor protection as CEO urges U.S. bankruptcy court to recognize proceedings.
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Air Cargo
Canada turns to maritime to help move 1.6 billion pieces of PPE
The Canadian government shifts from planes to ships to import larger volumes of personal protective equipment and other medical supplies for COVID-19 pandemic.
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Canada
Heavy hauler ENTREC seeks breathing room to find buyers
Trucking and crane services provider pursues interim financing and court approval to market its Canadian and U.S.-based subsidiaries while under creditor protection.
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Canada
Today’s Pickup: More trucks continue to cross US-Canada border
Latest Canada Border Services Agency data shows uptick in commercial vehicle traffic in a good sign for cross-border freight.
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Canada
Canadian heavy hauler ENTREC obtains creditor protection, plans US bankruptcy
Alberta-based trucking and crane provider blames COVID-19 and the collapse of the oil sector as it looks to sell off its businesses in Canada and…
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Canada
Cervus reports jump in Canada truck sales, warns of coronavirus slump
Cervus Equipment’s Peterbilt dealerships had a strong first quarter, but the company says it expects COVID-19 will hit short-term demand.
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Canada
Today’s Pickup: How a Canadian carrier recession-proofed its business
Titanium Transportation Group depends on no single customer for more than 6% of its business. That diversification is paying off during the COVID-19 pandemic.
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Canada
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…
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Canada
Canadian freight claws out from ‘deep hole’
Canada’s trucks are moving more freight as volumes recover from a pandemic low, but bargain-basement rates and cash flow issues continue to weigh on carriers.
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News
Canada’s Class I railroads ship record grain volumes in April
The coronavirus pandemic didn’t slow grain movement.
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