Vitran Corp. has terminated its agreement with Manitoulin Transport and will instead be acquired by TransForce. TransForce offered $6.50 per share on Dec. 20, which Vitran said constituted a “superior offer” to the deal it ...
Tags: Vitran, Manitoulin Transport, TransForce, acquisition
Kamloops, British Columbia will be home to a new parts and distribution centre for Fleet Brake. The new Fleet Brake facility is scheduled to open in February 2014. "We are excited to expand product and service to our legacy mining, ...
Tags: Kamloops, British Columbia, Fleet Brake, distribution centre
Russ MacNeil Less-than-truckload carrier Vitran Corp. said it has agreed to be acquired by TransForce Inc., which outbid Manitoulin Transport Inc. for Vitran's Canadian assets. Vitran's which sold its U.S. LTL business in October, had ...
Tags: Vitran, TransForce, acquisition
US for-hire truck tonnage jumped 2.7% in November, achieving a new record high. The American Trucking Associations’ for-hire truck tonnage index was up 8.1% year-over-year in November. Year-to-date, tonnage is up 5.8%, the ATA ...
Tags: truck tonnage, record, transportation
On December 30, China's Ministry of Transportation announced that the total length of China's railway network has reached 100,000 km, with new railway lines totaling 2,000 km entering service on December 28. The railway lines in question ...
The U.S. Department of Transportation has issued guidelines to help states develop programs to require first-time drunken driving offenders use ignition interlocks that prevent them from operating vehicles after drinking. The release of ...
Tags: drunken driving, ignition interlocks, DOT
The U.S. Postal Service's regulator has approved price increases amounting to 6% on most mail, news service reported. A first-class stamp will cost 49 cents, up from 46 cents, starting Jan. 26. The increases of 4.3% approved Dec. 24 are ...
U.S. intermodal shipments by rail grew 6.4% in the week ended Dec. 21 compared with the same week last year, the Association of American Railroads reported. Traffic grew to 255,456 units, AAR said in its weekly report issued Dec. 26. ...
Tags: U.S.intermodal shipments, rail intermodal, traffic, rail carload traffic
Kriska Holdings (Kriska) and International Telematics (ITC) announced a service agreement to equip Kriska's entire fleet of refrigerated trailers with the ibright refrigerated telematics system. Reefer Sales & Service is the largest ...
Details of the new additions to Suzuki Australia’s showroom in 2014. Suzuki Alto (Q4) The new Suzuki Alto city car is scheduled to arrive in Australia in the fourth quarter of 2014. Suzuki insiders say the A:Wind concept ...
Details of the new additions to Volvo Australia’s showroom in 2014. Volvo S60, V60, XC60 (April) Volvo will introduce two all-new 2.0-litre four-cylinder engines to its S60, V60 and XC60 line-ups from April. Volvo Car Australia ...
Tags: Volvo, four-cylinder engines
Details of the new additions to Skoda Australia’s showroom in 2014. Skoda Octavia RS (Q2) The Skoda Octavia RS will arrive in the second quarter of 2014. Skoda’s performance flagship is again available in ...
Tags: Skoda, Octavia RS
Details of the new additions to Infiniti Australia’s showroom in 2014. Infiniti Q50 (January) In late January/early February, Nissan’s luxury brand, Infiniti, will launch the first of its new generation ‘Q’ ...
Tags: Infiniti, luxury brand
By Jonathan S. Reiskin, Associate News Editor Orders for heavy-duty North American trucks grew in nine of the first 10 months of the year, as industry watchers wondered when the mild slump in U.S. truck sales would end. Finally, in ...
Tags: heavy-duty North American trucks, U.S.truck sales, New-truck production
YRC Worldwide Inc. has reached an agreement with some of its creditors to reduce its debt by about $300 million, a move the carrier said is a key to obtaining new concessions from the Teamsters union. As a result of the agreement, YRC's ...
Tags: YRC Worldwide, Teamsters union, reduce debt