Fledgling Canadian electric truck maker Vicinity Motor Corp.’s future is in doubt, after lenders RBC and Export Development Canada (EDC) submitted letters demanding full repayment of their respective outstanding debt […]
Similar Posts
ECONOMIC TRUCKING TRENDS: Freight recession to end in September, Motive predicts
Preliminary trailer order numbers for April show a sluggish market, and buyers are likely to prioritize buying tractors when cash allows. This, to get ahead of costly EPA27 emissions standards. […]
Roy appointed member of Volvo Group’s executive board, president of Mack Trucks
Stephen Roy has been appointed as a new member of Volvo Group´s executive board and president of Mack Trucks. He will succeed Martin Weissburg, who is retiring. Roy will take […]
Daimler Truck outlines plans for future at first Capital Markets Day
Daimler Truck hosted its first Capital Markets Day as a standalone entity this week in Boston, Mass., where it projected strong global revenue growth of 40-60% from 2025 to 2030. […]
Mullen Group eyes tuck-in acquisitions and focuses on margin growth
Mullen Group grew top line revenue by 0.3% in the second quarter, but net income slipped 9.9% to $32.9 million as the company looks to grow through tuck-in acquisitions and […]
Compensation on the rise for Port of Vancouver truckers
Company drivers, indirectly employed operators, and independent operators serving the Port of Vancouver will see rates increase 6.2% on July 1, in the wake of an independent compensation study conducted […]
Landslide shuts parts of Highway 99 in B.C.
Highway 99 is closed between Rancheree Road and Seton Lake Road, impacting an 83-kilometer stretch between Pemberton and Lillooet, according to DriveBC. The road is impassable due to a landslide, […]