Transport Canada has announced plans to build a new $29-milllion commercial vehicle laboratory at its Motor Vehicle Test Centre. The facility, available for Transport Canada and private sector testing, will […]
Atlas Air will stop flying freighter aircraft for Amazon in the online retailer’s parcel network over the next year, and 25 aircraft controlled by Amazon will gradually be relocated to other operators, according to company pilots who posted about the changes in chat rooms and one who spoke with FreightWaves. The decision to discontinue flight…
The flow of trade will always find a way to circumvent risk. It has to. Trade at rest is not making money. The freedom of navigation lifts the global economy. It also comes with massive risk that in the end governments and industry pay for. The waterway superhighway has been altered many, many times to…
On episode 718 of WHAT THE TRUCK?!? Dooner is taking a deeper look at the case for hurricanes being a spot market catalyst this year. Tesla tells the trucking industry to step up its electric game while trucking leaders clap back at ACT Expo. Truck Tech host Alan Adler breaks down the latest in the…
Further credit deterioration in trucking is evident in the quarterly earnings report of Canada’s BMO bank. BMO (NYSE: BMO), the former Bank of Montreal, is one of the largest lenders to the trucking industry. Its transportation unit, purchased from GE Capital in 2015, has a customer base believed to be in the tens of thousands….