financial
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CDO says Canadian Pacific a leader on climate change
TORONTO, Ont.–Canadian Pacific Railway Limited has been recognized as a leader for the depth and quality of climate change data it has disclosed to investors and the global marketplace through CDP, the international NGO that drives sustainable economies. CP’s status is awarded…
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Cyber attacks can funnel through trucking companies to shippers
NEWTON, Mass. — Trucking companies may be inadvertently creating security holes in their customers’ computer networks. A recent study by a number of US firms involved in cyber security has found that many companies—including those in the transportation industry—have opened…
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Transplace acquires Logistics Management Solutions
DALLAS, Tex.–Transplace announced that it has acquired Logistics Management Solutions (LMS), a non-asset-based third party logistics (3PL) provider with particular strength in the chemical and industrial manufacturing sectors, that enables its customers to gain competitive advantages through optimal transportation management.…
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Globalization “recovering from financial crisis”: DHL Global Connectedness Index
TORONTO, Ont.–DHL has released the third edition of its Global Connectedness Index (GCI), a detailed analysis of the state of globalization around the world. The latest report shows that global connectedness, measured by cross-border flows of trade, capital, information and…
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Smaller deals drive increase in transportation and logistics M&A activity in 3rd quarter: PwC
NEW YORK, N.Y.– Merger and acquisition (M&A) activity in the transportation and logistics industry increased in the third quarter of 2014 over the same period last year, driven by smaller deals in the trucking, logistics, shipping and passenger air modes,…
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Canada Logistics Conference 2014 to launch this Wednesday
TORONTO, Ont.–CITT invites all supply chain professionals to attend Canada Logistics Conference 2014 in Calgary, Alberta from October 22-24, 2014. Join an audience of shippers, carriers and vendors from across sectors as you learn about the most important issues facing…
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NRC launches Fleet Forward 2020
OTTAWA, Ont. — The National Research Council (NRC) wants to help fleet owners improve fuel efficiency, reduce repair and maintenance costs, decrease engine idle times, and minimize their environmental footprints. To that end, the agency has created Fleet Forward 2020,…
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Continued economic strength ahead, senior Scotiabank economist predicts
MISSISSAUGA, Ont.– Leading economic indicators are pointing towards continued economic growth and favourable conditions for motor carriers. That was the upbeat message from Carlos Gomes, senior economist with Scotiabank, when providing an economic outlook at the sold-out Surface Transportation Summit…
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Mother Nature, human nature and the nature of technology
MISSISSAUGA, Ont. — Although they may feel like opposing forces, evolving technology and changing weather are working to alter both the trucking industry and the people in it. Silvy Wright, president and CEO of insurance provider Northbridge Financial Corp., told…
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Greenbrier calls for safer tank car design
LAKE OSWEGO, Ore.– The Greenbrier Companies, Inc. continues to advocate for safer tank cars by filing comments to the Notice of Proposed Rulemaking (NPRM) issued by the Pipeline and Hazardous Materials Safety Administration (PHMSA). The full text of Greenbrier’s comments…