Uncategorized

How will rising interest rates, skyrocketing inflation affect the M&A landscape

Merger and acquisition activity may slow this year as freight conditions normalize and the cost of borrowing increases, but dealmakers are still gonna deal. Organic growth — one truck, driver or customer at a time — is nearly impossible for asset-based trucking companies, especially as supply chain disruptions make it difficult to procure new equipment, […]

How will rising interest rates, skyrocketing inflation affect the M&A landscape Read More »

Truck driver shortage is ‘mythical’, OOIDA says

The Owner-Operator Independent Drivers Association (OOIDA) is taking aim at what it refers to as the “mythical” truck driver shortage in a letter to the secretary of the U.S. Department of Commerce. OOIDA executive vice-president Lewie Pugh writes that more than 400,000 commercial licences are issued a year, and cites a U.S. Department of Labor

Truck driver shortage is ‘mythical’, OOIDA says Read More »

‘Hauling LCVs is a challenge of its own’

Dmitri ZarembaLCV DriverBison TransportSaskatoon, Sask. This is one in a series of interviews with frontline workers as Today’s Trucking celebrates National Trucking Week, Sept. 5-11. What can you tell us about your job and the work it includes? At this moment I’m a long combination vehicle (LCV) interprovincial operator, moving the turnpike doubles between Alberta, Manitoba, and

‘Hauling LCVs is a challenge of its own’ Read More »

TTC announces executive, board of directors

The Toronto Transportation Club (TTC) on Thursday announced its 2022 executive and board of directors. The executive directors are: John Foss, president and executive manager national accounts, Trailcon Leasing; Cynthia Nagamatsu, past president and vice-president commercial client services, Hargraft; Liam O’Briain, 1st vice-president & COO Kee Human Resources; Chris Petersen, 2nd vice-president & senior manager,

TTC announces executive, board of directors Read More »