cross-border freight Archives - Page 8 of 8

Today’s Pickup: More trucks continue to cross US-Canada border

24 May 202020 May 2020

The U.S.-Canada border crossing at Blue Water Bridge links Port Huron, Michigan and Point Edward, Ontario

Good day,

The Canada Border Services Agency (CBSA) reported an uptick in truck drivers crossing to Canada from the U.S. last week. It’s another encouraging sign for cross-border freight during the COVID-19 pandemic.

Just over 81,000 truckers crossed the U.S.-Canada border during the week ending May 17, the CBSA reported on May 19. It’s the highest tally since the week ending March 29. Also impressive is that this happened leading up to Monday’s Victoria Day holiday.

The number of crossings – which...

https://www.freightwaves.com/news/todays-pickup-more-trucks-continue-to-cross-us-canada-border

Today’s Pickup: How a Canadian carrier recession-proofed its business

24 May 202013 May 2020

A tractor-trailer of Titanium Transportation Group

Before Ted Daniel started Canadian cross-border carrier Titanium Transportation Group (TSX-V:TTR), he specialized in helping turn around distressed companies. It’s perhaps no surprise that the CEO and his wife, Chief Operating Officer Marilyn Daniel, built a company that they call “recession-proof.”

“We didn’t realize the magnitude of what this really meant until we faced a once-in-a-lifetime world shutdown pandemic,” Ted Daniel told financial analysts on May 13 after reporting a 13.6% surge in...

https://www.freightwaves.com/news/todays-pickup-how-a-canadian-carrier-recession-proofed-its-business

Canadian freight claws out from ‘deep hole’

24 May 20207 May 2020

A tractor-trailer of Canadian carrier Challenger Motor Freight

Canadian freight appears to have turned a corner — at least as far as truckload volumes are concerned.

At Challenger Motor Freight, one of Canada’s largest carriers, the change took shape after volumes bottomed out about two weeks ago.

“It’s coming back,” Challenger President Dan Einwechter told FreightWaves. “But we have a long way to go. It’s a deep hole.”

A key measure of Canadian truckload volumes, the Outbound Tender Volume Index-Canada (OTVI.CAN) on FreightWaves’ SONAR platform, had climbed...

https://www.freightwaves.com/news/canadian-freight-claws-out-from-deep-hole