• transportes2

    ECONOMIC WATCH: U.S. trailer orders jumped in August

    COLUMBUS, Ind. – U.S. trailer industry booked 27,500 net orders for August, a 46% improvement from July and more than 150% better than the same month last year, ACT Research said Tuesday. Before accounting for cancellations, new orders approached the 29,000 mark, it said. Both new and net orders were the best in their respective categories since last October, ACT said. This preliminary market estimate should be within +/- 3% of the final order tally, it added. The final figure will be available later this month. “The industry continues to improve from meager Covid-induced Q2 volumes. Discussions indicate that large fleet orders are the driving factor in recent market improvements,”…

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    Electric vehicle rollout faces power generation barriers

    TORONTO, Ont. – Interest in electric vehicles continues to grow, but energy analyst Robert Bryce points to an array of barriers that must be overcome before any widespread rollout – including the way electricity is generated and delivered. “Energy transitions take a long time. They’re difficult. They’re expensive,” said the author of Question of Power: Electricity and the Wealth of Nations, during an online presentation for the annual Heavy Duty Dialogue conference. A widespread rollout of electric vehicles would require massive infrastructure investments, says Robert Bryce. (Illustration: istock) Battery-electric vehicles continue to face the challenge of limited energy density, Bryce explained, noting that diesel boasts 79 times more energy density…

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    ATA Image Award nominations open

    ARLINGTON, Va. – Nominations are now open for the 2020 Mike Russell Trucking Image Award. The award, given by the American Trucking Associations, recognizes individuals and organizations that have gone the extra mile to promote the image and reputation of the industry. First awarded in 2007, the award is given to an individual, carrier, organization and supplier who each demonstrates excellence in illustrating the industry’s essentiality, professionalism and commitment to safety on and off the highways, the association said. (Photo: ATA) Canadians are also encouraged to participate in the competition. Submissions are evaluated by a panel of judges, and winners are determined based on a number of factors including creativity,…

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    Dropped aluminum tariffs ease equipment manufacturer concerns

    OTTAWA, Ont. – The U.S. has backed away from its latest tariffs on aluminum, just hours before Canada was widely expected to retaliate with $3.6 billion in retaliatory tariffs. “It seems cooler heads have prevailed,” said Don Moore, director – government and industry relations for the Canadian Transportation Equipment Association (CTEA), whose 374 members include businesses such as trailer manufacturers. (Photo: istock) “The association is extremely happy to hear this news. One less issue to deal with in these difficult days.” The U.S. had announced a 10% tariff on imported Canadian aluminum in August. But the Office of the United States Trade Representative announced today that imports of non-alloyed, unwrought…

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    Latest Ritchie Bros. auction attracts 16,000 bidders

    EDMONTON, Alta. — Ritchie Bros. sold close to 10,000 items worth $91 million at its latest auction in Edmonton, the company said Monday. The Sept. 9 – 12 online auction attracted 16,000 bidders from 49 countries, up 11% from last year, it said. The latest auction attracted 16,000 bidders. (File photo) Canadian bidders purchased 91% of the equipment. Buyers from Ireland, India and Singapore bought the rest. “We continue to attract record numbers of bidders in 2020, resulting in strong pricing across most equipment categories in last week’s Edmonton auction,” said Andrew Lutic, regional sales manager at Ritchie Bros. The items were sold on behalf of some 1,200 owners, the…

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    TFI acquires DLS for US$225 million

    MONTREAL, Que. — TFI International on Tuesday announced that it has signed a definitive agreement to acquire DLS Worldwide, a business unit of R.R. Donnelley & Sons Co. The deal, worth US$225 million, is expected to close in 60 days, TFI said. Established in 2006 and based out of Bolingbrook, Ill., DLS provides logistics services through a third-party logistics network of internal sales personnel, commissioned sales agents and 140 agent-stations.  DLS’ primary transportation modes include less-than-truckload, truckload, freight forwarding, expedited, parcel and intermodal.  Over a recent 12-month period, DLS generated $550 million in revenue, including intercompany sales that are expected to continue after closing, TFI said.  The company said it…

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    Coquihalla rescuer: Nothing is staged for ‘Highway Thru Hell’

    ALDERGROVE, B.C. – Al Quiring and his team of heavy-tow operators have been rescuing trapped drivers and their vehicles from the treacherous Coquihalla Highway in British Columbia for years. The 52-year-old has built up such a reputation that truckers say when his green rig shows up, there is nothing to worry about anymore. Season 9 of Highway Thru Hell premieres Monday night. (Photo: Bell Media) “The secret is to have the experience and the equipment to get the job done right,” said Quiring, whose family owned company Quiring Towing and Recovery is famous for executing difficult jobs. He is returning to Discovery Channel’s superhit series Highway Thru Hell, with Season…

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    Everything you need to know about U.S. HoS changes

    WASHINGTON, D.C. — Changes to truck driver hours-of-service rules take effect at 12 a.m. eastern time on Sept. 29, meaning they’ll take effect earlier for drivers in other time zones – drivers on the West Coast, for instance, will start operating under the new rules at 9 p.m. Sept. 28. The changes, designed to offer drivers more flexibility, were announced in May. Joe DeLorenzo, acting associate administrator for enforcement at the Federal Motor Carrier Safety Administration, shared some insight and advice regarding the changes during the recent Trimble in.sight virtual user conference. The shorthaul exception With the expansion of the number of drivers who will be able to operate under the…

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    Navistar rejects latest Traton offer, but opens door to talks

    LISLE, Ill., Sept. — Navistar International has rejected a revised takeover bid from Traton SE, saying on Monday that its US$43 per share proposal significantly undervalues the company. The truck and bus division of Volkswagen AG already owns 16.8% of Navistar. Last week the company sweetened its previous offer of $35 per share, hoping that Navistar board of directors would approve it. While rejecting the offer, Navistar said it is open to further negotiations. “Navistar’s board of directors, after careful consideration with the assistance of its financial and legal advisors, has unanimously concluded that while Traton’s revised proposal of $43 per share significantly undervalues the company and substantial synergies from…

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    CBP seizes $3.6M in fake bills from truck

    PEMBINA, N.D. ― U.S. Customs and Border Protection (CBP) officers at the Pembina Port of Entry have seized $3.6 million in counterfeit American currency from a truck arriving from Canada. The agency said the fake bills were found Friday in a commercial shipment manifested as toy guns.  Counterfeit currency seized by CBP officers Friday. (Photo: CBP) “Inspection of the shipment resulted in the discovery of nine toy guns as well as 36,000 $100 bills,” the agency said.  It added that examination of the currency revealed the bills were counterfeit. They will be destroyed. “Our officers work extremely hard to protect the United States from a variety of threats,” said Pembina…