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Clean truck programs funded by California’s cap-and-trade program may take a hit as the coronavirus pandemic has limited fossil fuel activity that drives the pollution reduction program. Cap-and-trade, in effect since 2016, limits the amount of carbon companies are allowed to emit, and allows businesses buy and sell pollution credits at an auction on a state-sponsored marketplace. But the latest auction, held in late May, produced only $25 million in revenue, down from the $600...
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OPEC and non-OPEC countries are looking to convene and decide the extension of their oil output cuts, which will help strengthen oil prices that have been climbing steadily since their April lows. Major oil powers Saudi Arabia and Russia are reportedly supporting a one-month extension of the current level of output cuts.
Oil prices have shown a sustained recovery over the last few weeks, after the industry saw WTI oil futures crash below zero, and Brent crude futures nearly touch their...
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A fiery crash involving three tractor-trailers briefly shut down North America’s busiest highway on Tuesday, June 2, as trucks contend with a rebound in freight and the long-standing dangers in moving it.
The accident happened on Ontario Highway 401, near Toronto. It left one driver seriously injured, the Ontario Provincial Police said. It briefly shut down traffic in both directions.
Such accidents are unfortunately common on the single most important corridor for Canadian trucking...
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Fleet customers looking to save some cash during the current times can find a little extra green through the use of a tire inflation system. Aperia Technologies, makers of the Halo tire inflator system, are trying to make it even easier to adopt a tire inflation system with its new Pro+ program.
Under the program, fleets can install the Halo system with no upfront cash outlay and the option to cancel the program anytime after 12 months of service. In addition, Aperia will waive any...
https://s29755.pcdn.co/news/todays-pickup:-aperia-offers-tire-inflation-system-with-no-upfront-cost
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Trimble (NASDAQ: TRMB) and Kuebix announced new capabilities for its Community Load Match platform, a service aimed at facilitating collaboration between shippers and carriers. (A private transportation management system company, Kuebix was acquired by Trimble in January.)
More specifically, Community Load Match enables shippers to use advanced matching capabilities to more easily find available carriers for their truckload shipments and leverage improved map visualization through...
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Industrial internet of things (IIoT) provider Samsara announced the introduction of driver efficiency scores to improve driver behavior and increase fleet safety. Fleets can monitor different driving parameters and use Samara’s fleet efficiency reports to train drivers and reduce fuel consumption, while increasing overall operational sustainability.
Samara’s report aggregates data across several criteria, including instances of truck idling, speeding, cruise control, coasting, and high...
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Purolator, the courier and less-than-truckload subsidiary of Canada Post, had a decent first quarter – all things considered.
Revenue grew by 5.1% to C$457 million (about $331 million) year-over-year, while net profit dropped by 5.9% to C$8 million. Canada Post reported those numbers as part of its first-quarter financial report, which was released on March 25.
Purolator also performed much better than Canada Post as a whole. The government-owned postal carrier, which owns more than 90%...
https://s29755.pcdn.co/news/todays-pickup-purolator-is-doing-much-better-than-canada-post
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Trucker Tools has struck a deal with OTR Capital that will integrate some of Trucker Tools’ technologies into the financial services firm’s customer portal.
Specifically, customers of OTR Capital will have access to Trucker Tools’ predictive freight matching and automated one-click booking through its Book-it-Now functionality.
“At the end of the day this partnership meaningfully expands the resources we can provide to truckers, and helps OTR Capital’s clients get loaded faster with...
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Ford facilities at Dearborn and Chicago have reopened after closing earlier this week due to a few employees testing positive for COVID-19 on-site. The company said in its statement that the work areas, equipment, team areas, and the pathways were ‘deep-cleaned and disinfected.’
The erratic closing and opening of manufacturing and logistics facilities show the difficulty of running operations that require hundreds of personnel to work in close proximity to each other. As the virus...
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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