The past few years, we’ve lived through a number of technology hype cycles. Each one promises miraculous benefits, if one can suspend disbelief and invest in the vision yet to be born. Such as electrification of heavy-duty truck fleets. Trade magazines are filled with sponsored content suggesting that it’s just the right time to buy […]
The ongoing “freight recession” is the worst down cycle in many professionals’ careers and causing companies to cease operations. That’s not necessarily a bad thing. Warren Buffet is famous for the quote, “A rising tide floats all boats…only when the tide goes out do you discover who’s been swimming naked.” A deeper meaning to what […]
The public’s perception of truck drivers is overwhelmingly positive. In a research report by Trucking Moves America Forward (TMAF), 87% of survey respondents held favourable impressions of the trucking industry, up from 67% in 2019 when the survey was last taken. Over 50% of respondents said truckers are “safer drivers than the general public”. When […]
The pandemic highlighted the importance of Essential workers in delivering goods, manufacturing necessity products and maintaining public services and infrastructure. Covid also revealed, with glaring clarity, that we’re facing a severe skilled labour shortage. It’s happening in every service sector including healthcare and now a lack of qualified pilots just as travel is returning to […]
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 […]