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Ontario

Maple Leaf Motoring: Canadian transport payrolls drop in July

Maple Leaf Motoring is a weekly rundown of developments in the world of Canadian transportation. This week: Examining the decline in transport employment; Quebec sues over fatal tanker truck crash; Cervus looks at acquisitions; and Day & Ross opens a new terminal.  Transportation and warehousing payrolls dropped by nearly 15,000 in July in what could …

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Lower truck and agricultural sales weigh on Cervus earnings miss

Cervus Equipment (TSX:CERV ) reported larger than expected drops in revenue and profit on slower sales – including from its Canadian Peterbilt dealerships – in its second-quarter financial results. Cervus earned C$2.19 million, or C$0.18 per share, on C$327.6 million in revenue (the Canadian dollar equals US$0.76). Analysts expected C$0.51 per share on revenue of C$406.51, according to …

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SNC-Lavalin to sell stake in Ontario toll route for C$3.25 billion

A judge cleared the way for Canadian engineering and construction conglomerate SNC-Lavalin (TSX: SNC ) to sell a 10 percent stake in the company that operates the Highway 407 Electronic Toll Route (ETR) in the Toronto area for C$3.25 billion. SNC-Lavalin announced the Ontario ruling on August 7, which paves the way for the Canada …

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Today’s pickup: Ontario’s government liquor stores are running out of booze

Good day, A transition to a new warehouse management system is delaying deliveries to liquor stores and wholesale customers, causing alcohol shortages in Canada’s province with the largest population.  Annoyed customers have taken to social media, posting photos of empty shelves at Liquor Control Board of Ontario (LCBO) stores, which has a near-monopoly on the …

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Private equity firms acquire ONroute travel plazas

Two private equity firms have acquired ONroute , a chain of travel centers along Ontario’s busiest highways. U.K.-based Arjun Infrastructure Partners and Canada’s Fengate Asset Management purchased ONroute for an undisclosed terms from Canada-based KD Infrastructure L.P. and a Canadian subsidiary of HMSHost. The transaction, which closed on May 26, was announced on June 13. …

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The FBI Group acquires Lucas Freight Management

Freight Brokers International, known as the The FBI Group , has acquired Lucas Freight Management, a fellow Canadian firm that offers cross-border transportation management. The FBI Group, an Ontario-based freight brokerage, announced the deal on June 4. Lucas Freight is a non-asset freight management firm that focuses on the manufacturing sector and emphasizes cost-saving fright …

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TFI International closing Highland Transport

TFI International (TSX:TFII ) plans to close its Highland Transport division, a small cross-border truckload and intermodal carrier based in Canada, citing poor financial performance. Ontario-based Highland will cease operations as of June 28. It largely handled cross-border business, linking Toronto, Montreal and the Northeast U.S., with a fleet of about 175 trucks.   “The …

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Maple Leaf Motoring: Trucker fights deportation ‘for working hard’

Maple Leaf Motoring is a weekly rundown of developments in the world of Canadian trucking. This week – a trucker fights his deportation, a pay-as-you-go ELD is released, and workplace safety declines in Ontario. A mechanical engineering student who supported himself by driving a truck faces deportation from Canada to India for working more hours …

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Maple Leaf Motoring – Could CBP redeployments cause delays at Canadian border?

Maple Leaf Motoring is a weekly rundown of developments in the world of Canadian trucking. This week – potential delays at the U.S.-Canada border, Ontario tests higher speed limits and Titanium buys back stock. Border delays feared after U.S. border officers redeployed U.S. Customs and Border Protection (CBP) has temporarily reassigned officers away from border …

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