For many years, industry experts have been predicting a consolidation in the Canadian freight industry. During and after the Great Recession, the decibel level of these warnings increased as most trucking companies faced the challenges of reduced freight volumes, sinking rates and the difficulty of managing a business during recessionary times. In fact, the industry […]
The Incredible Shrinking Canadian Freight Carrier Industry
Time for Some New Business Models to Spur More Competition in the Canadian Freight Industry
11 years ago
Two developments over the past five years have reshaped the Canadian Freight Industry. The Great Recession in the late 2000s caused many Canadian trucking companies to shrink in size or leave the freight industry. During the past couple of years, there has been considerable consolidation in the small parcel, domestic LTL over the road and […]
Will your trucking company be around in 5 years?
11 years ago
If your trucking company hasn’t been purchased or doesn’t get purchased by TransForce, will it be in business in five years? That is the question that came up in a recent discussion with a long time industry colleague. The response I received was that he didn’t think his company would survive. I was a bit […]
How do you Transform a Business?
12 years ago
Companies typically call us in when they are having a problem and they are not able to solve it themselves. For shippers, the problem is usually that they are spending too much money on freight and are seeking solutions to bring these costs under control. For carriers, the problem is that they are not achieving […]