Pride Group closing could affect freight rates, driver market
The decision to liquidate trucking giant Pride Group could have ripple effects across the trucking industry, an industry observer says.
The decision to liquidate trucking giant Pride Group could have ripple effects across the trucking industry, an industry observer says.
Federal officials have pushed back a potential CN and CPKC rail worker strike in order to review whether a work stoppage would jeopardize Canadians’ health and safety.
Modest growth in domestic e-commerce volumes plus improved aircraft utilization from network rebalancing helped Canadian airline Cargojet further stabilize performance during the first quarter, setting the table for growth this year despite lingering concerns about inflation. Cargojet (TSX: CJT) reported Tuesday that revenue of US$169 million was nearly flat year over year, while adjusted earnings […]
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Pride Group filed for bankruptcy protection last week, citing capacity oversupply and underwhelming demand for trucks.
Pride Group has filed for bankruptcy protection after a lender filed a $100 million breach-of-promise lawsuit.
Canadian operator Cargojet sharply scaled back fleet investments last year to stabilize the bottom line but reports the Q4 upturn in air cargo business carried over to the new year.
Canada-based carrier Chohan Freight Forwarders has been ordered to cease operations after multiple overpass collisions in two years.
Lineage is bolstering its Canadian cold chain logistics network with the expansion of a facility in Calgary.
The Canadian Trucking Alliance has created a tip sheet and reporting guide to root out fraudulent carriers in the trucking industry.
North American manufacturing and retailers have been focused on moving their operations out of China — and closer to home — over the past few years.
Partnerships with other Class I railroads will help the freight rail industry gain market share, CN executives said during the Canadian railway’s third-quarter 2023 earnings call Tuesday.
The Prince Rupert Port Authority is starting construction on a project that will increase rail-to-container transloading at the Canadian port, particularly for agricultural, forestry and plastic resin products.
Patrick Whitehead and Derek Taylor will lead different aspects of CN’s operations as the Canadian railway seeks to make its operations more “innovative” and “modern.”
The Port of Montreal has received funding from Canada’s National Trade Corridors Fund to build a new terminal aimed at boosting the port’s container handling capacity.
CN has released its operational plans for the 2023-2024 winter season. But the Canadian railway says new regulations create some uncertainty.
Texas-based Arrive Logistics recently added an office in Toronto to service its growing Canadian customer base.
An internal system update caused internet connectivity issues at CN on Tuesday, affecting the Canadian railway’s customer service portal.
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TFI International has acquired food-grade tanker carrier Vedder Transportation Group.