Canada’s Freight Transportation Industry Continues to Consolidate

Canada’s Freight Transportation Industry Continues to Consolidate

8 years ago

It was sad to read that Meyers Transport, a Canadian motor carrier that has served the needs of shippers in Ontario for 90 years, closed its doors on January 20. Meyer’s Transport has been one of those “salt of the earth” family run businesses that has been a part of the Canadian trucking scene for […]

Understanding the Canadian Freight Market – Part 6 – Some Tips for Carriers

8 years ago

This is the sixth and final blog in this series on surface freight transportation within Canada and between Canada and the United States. In this blog I will focus on tips for carriers to help achieve success in the Canadian freight market. Is the Canadian Freight Market Worth the Investment? As outlined in the first […]

The 2015 Surface Transportation Summit is just a few weeks away

9 years ago

The 2015 Surface Transportation Summit (www.surfacetransportationsummit.com) will be held at the Mississauga Convention Centre on October 14. We are delighted to report that the event has a new partner, the Freight Management Association of Canada. Here is an overview of the day. The one day event will be kicked off with a […]

Registration is Now Open for the 2015 Surface Transportation Summit

9 years ago

The 2015 Surface Transportation Summit (www.surfacetransportationsummit.com) will be held at the Mississauga Convention Centre on October 14. Dan Goodwill & Associates and Newcom Business Media are delighted to report that the event has a new partner, the Freight Management Association of Canada. FMA will bolster shipper participation at the event. This year’s Summit will feature […]

The Incredible Shrinking Canadian Freight Carrier Industry

10 years ago

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 […]

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 to Successfully Buy and Sell Trucking Companies

13 years ago

At a recent Driving for Profit Seminar in Toronto, Lou Smyrlis, Editorial Director of Canadian Transportation & Logistics Magazine, led two trucking company investment advisors, Doug Nix, Vice Chairman of Corporate Finance Associates and Doug Davis, Independent Director, Pro-Trans Ventures Inc. through a discussion of how to buy and sell trucking companies in 2012. Here […]

Experts are predicting a Surge in Trucking Company Acquisitions

13 years ago

Two experts in trucking company acquisitions predicted this week that we are in store for an upswing in industry consolidation in 2012. This was one of the highlights of the Driving for Profit event that was held in Mississauga this past week. Lou Smyrlis, Editorial Director of Canadian Transportation & Logistics interviewed two gentlemen who […]