Transport

New York state is riskiest for commercial fleets, Lytx report reveals

The top five riskiest states and districts for commercial fleets in the U.S. in 2021 were New York, California, Nevada, Massachusetts and the District of Columbia, according to a new report. These are at least 1.5 times riskier than other states due to their large populations, high traffic volumes, and unusual traffic patterns. Risky driving […]

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Transrapide ceases trucking operations to focus on warehousing

After 10 years in business, Levis-based Groupe Transrapide has announced it is ending its trucking operations to focus on warehousing. “We are now reorienting our transportation activities to become a company that exclusively offers warehousing in Levis,” management announced on its Facebook page. “Since transportation is not our specialty, management has decided to refocus its

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Ritchie Bros. takes controlling interest in VeriTread

Ritchie Bros. has acquired controlling interest in VeriTread – a business that specializes in technology platforms for heavy-haul transportation. Its products include a marketplace to list and quote shipments, an in-house brokerage, and proprietary freight estimator tools, among other offerings. “VeriTread adds to our suite of services supporting the needs of equipment owners throughout the

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Cargo theft risk high during U.S. Thanksgiving

CargoNet’s statistics show that there is enhanced risk of cargo theft around holiday periods as cargo thieves see extended closures of businesses as an opportunity to steal freight without detection. To help transportation industry professionals prepare for the upcoming Thanksgiving holiday, CargoNet analyzed theft records from the previous five Thanksgiving holidays. There were 137 theft records

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Omicron to keep freight markets “tighter for longer”: ACT Research

As the highly contagious Omicron variant of Covid-19 contributes to increased employ absenteeism, transportation markets are likely to remain tight, ACT Research reported in its latest freight forecast. “The freight environment continues to feature strong demand and tight capacity conditions, with a choppy and gradual recovery,” said Tim Denoyer, ACT’s vice-president and senior analyst. “Omicron

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