Freedom Convoy Perspective, One Year Later The Freedom Convoy was chosen by multiple Canadian news agencies as 2022’s ‘New Story/Newsmaker of the Year.’ This distinction is justly deserved. Our neighbor to the south has a deep history of memorable events that captured the world’s stage and held its attention. By comparison, Canada has a relatively […]
With all costs to operate a trucking company going up, it’s a good thing that Air is still relatively free. When it comes to commercial transportation, it’s the air inside the tires that supports the load being carried. Tire inflation is one of the most important and often overlooked maintenance items. It’s estimated that 95% […]
If transportation companies didn’t have enough operating challenges with supply chain disruptions, driver shortages and tight equipment availability, now it’s rising prices at the pumps. Gasoline prices have risen consistently since the middle of 2020 when the economy began the initial recovery after pandemic lockdowns. The cost of diesel has nearly doubled since last year […]
Consumer inflation is running close to 8% annualized with the Bank of Canada raising interest rates in a bid to return the economy to a long-term inflation rate of around 2%. For trucking companies, inflation is appearing in unexpected places besides fuel and driver compensation. A pronounced example is trailers. February saw the second highest […]
Every Day’s a New Day x 10,000+! Starting a business is never an easy decision. Even in the best economy, people need to assume risk and be willing to potentially fail. The odds against success are enormous. There are hopefully favourable conditions and often an equal measure of challenging circumstances. Into this uncertainty, some entrepreneurs […]
As we approach another holiday season with the pandemic, hopefully we can look forward to greater social mobility. Last year we were contending with lockdowns but concerns over shortages were largely isolated to toilet paper, paper towels and cleaning supplies. What a difference another year makes. Surging consumer demand has overwhelmed a system focused on […]
The K.I.D. blog written at the start of the coronavirus pandemic, “Keep Calm and Carry on with Humanity” is a message that still resonates nineteen months later. Maybe even more so today. Back when we began physical-distancing and hunkering down in our homes, we didn’t know what would happen. The semiconductor shortage was an issue […]
The annual CVSA Brake Safety Week is scheduled for August 22 – 28, 2021. During this industry-focused safety event, enforcement officials will inspect commercial vehicles and place units out-of-service (OOS) until any critical brake issues or other safe-operating violations are corrected. The last brake safety week found that 12% of commercial vehicles inspected had brake […]
The pandemic has caused us to evaluate our existing processes and revisit assumptions about how we get things done. The ongoing need to adapt quickly to changing markets and economic conditions is compelling operators to develop strategies that increase productivity while proactively managing costs. Rising energy and commodity costs, unanticipated supply shortages and an uncompromising […]
One of the outcomes of 2020 is it acted as a catalyst for digital transformation. As consumers shifted to online channels, we experienced five years of eCommerce growth in less than a year. It’s created a dynamic tipping point for supply chains, which are being transformed in months instead of years. A January 16th Economist […]