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Author Topic: Industry News - LTL Only  (Read 86513 times)

Boll Weevil

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Re: Industry News - LTL Only
« Reply #240 on: November 29, 2014, 08:10:19 PM »
Back in late September, the Pitt Ohio Pittsburgh terminal was relocated from the strip district to a new, much larger facility off exit 48 of the PA Tpke in Harmar Township, Pa. I was in town yesterday and stopped by to check on the former and...let's just say is getting easier to maneuver a 53 footer around the yard.

Taken at 27th St & Railroad Ave.



From 26th & Railroad.

Jim

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Re: Industry News - LTL Only
« Reply #240 on: November 29, 2014, 08:10:19 PM »

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Rob Archer

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Re: Industry News - LTL Only
« Reply #241 on: January 21, 2015, 06:31:05 AM »
MANITOULIN BUYS ANOTHER WESTERN CANADA CARRIER

**Editorial Note...I wonder if their western expansion will come to a halt due to falling oil prices. All of a sudden, Alberta's economy is not the best in Canada.**


CAMROSE, Alta. — Manitoulin Transport has announced the purchase of Hi-Way 13’s LTL division.
Hi-Way 13 is based in Camrose, Alta. and marks Manitoulin’s second acquisition of an Alberta-based LTL trucking company in the last four months.
All Hi-Way 13 LTL division employees and assets are included in the deal, including a modern fleet of trucks, tractors, dry and heated vans and a network of terminals in Calgary, Edmonton, Provost, Wetaskawin and Camrose, the company announced. Hi-Way 13 freight will be moved under the Manitoulin Transport banner beginning today.
“There are three key reasons for this purchase,” said Don Goodwill, president, Manitoulin Transport. “First, Hi-Way 13 is a major player in a geographic pocket of Alberta that we want to have a stronger presence in. Second, their reputation for quality, customer service, and their stellar safety record are all characteristics Manitoulin holds dear. Third, like Manitoulin, Hi-Way 13 has built strong relationships with customers over several decades, which we greatly value and intend to build upon.”
“In recent years Manitoulin has made numerous strategic acquisitions to meet the ever-changing needs of our customers,” added Gord Smith, chief executive officer, Manitoulin Group of Companies. “Customers acquired in the past have been very pleased with the fact that they moved to a company that can provide comprehensive support for their supply chain through technology, a diverse range of equipment, the capacity to help them grow and expand into new areas, and the ability to manage their shipments to and from any place in the world. We believe Hi-Way 13 customers will feel the same way and will welcome the breadth of service Manitoulin can provide


**story found and used from Truck News with thanks



Rob Archer

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Re: Industry News - LTL Only
« Reply #242 on: March 15, 2015, 11:35:40 AM »

GROUPE MORNEAU Opens a new Terminal in the Montreal area.


Message dated 3-13-15.
Groupe Morneau opens new terminal in Quebec
MONTREAL, QC—  Groupe Morneau has opened its new transport terminal in Anjou (Montreal) today just weeks after it announced it is building a new terminal for its Morneau Sego division in Wabush, Newfoundland.

The Anjou terminal is located at the junction of hwy. 40 and 25 and will act as an active hub for markets in Eastern Canada, all of Quebec, and Mississauga, and merge the activities of Morneau Transport, Morneau Solution, Morneau Sego, and Morneau Global under one roof.

"With this opening we can now establish our expertise on an even more solid foundation by offering our clients the most important LTL transport terminal in Quebec. Over 10,000 pallets per day can be handled in this space, which is designed to minimize the risk of damaging goods," said André Morneau, president of Groupe Morneau.

The 105,000-sq.-ft. terminal cost about $25-million to build and has an 82-door loading dock, allowing for some 500 freight trips daily.

**found on Today's Trucking website and used with thanks.**
« Last Edit: March 15, 2015, 11:37:35 AM by Rob Archer »

Rob Archer

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Re: Industry News - LTL Only
« Reply #243 on: May 10, 2015, 02:00:06 PM »
MANITOULIN KEEPS GROWING - This time in Saskatchewan by buying Ridsdale Transport.

Mississauga May 5 2015:
 Manitoulin Group of Companies has acquired Ridsdale Transport of Saskatoon, Sask., the company announced today.
The new purchase makes Manitoulin Saskatchewan’s largest transportation and logistics provider.
“We have had our eye on Saskatchewan for coverage improvement for some time,” said Gord Smith, chief executive officer, Manitoulin Group of Companies.  “We have been looking for the right company to meet our exacting standards and our strategic business needs.  Ridsdale not only provides the routes, the equipment and the human resources we desire, but demonstrates a culture of service excellence and dependability that we and our customers expect. Manitoulin is now Saskatchewan’s largest transportation company, with the significant competitive advantage of being able to provide customers with the technology, the global reach, and all the transportation and supply chain offerings they depend on to grow their business.”
Ridsdale has been in business since 1949 and is a fully family-owned business. It has an extensive LTL service in the Saskatchewan market with additional service offerings in Alberta and Manitoba.
According to the press release, Ridsdale Transport Ltd. will operate as a separate business unit within the Manitoulin Group of Companies under the leadership of Greg Ridsdale, vice-president. Wayne Ridsdale, the former president of Ridsdale Transportation Ltd., will remain in a consulting role.
“We built our business from the ground up and are very proud of where we are today,” said Greg Ridsdale, vice-president, Ridsdale Transport Ltd.  “By joining Manitoulin, I know what we have created will flourish and that our customers will benefit from the many additional services that the Manitoulin Group of Companies can provide them.  I’m thrilled about the future as we continue to evolve.”

“We are excited about Ridsdale’s merge with Manitoulin and the positive outcome it brings to customers,” added Smith.  “Manitoulin continues to seek out customer-focused businesses that will contribute significantly to our service capabilities.  Ridsdale’s motto ‘we carry through’ speaks to the reliable service the company has


Photo Credit Norseman
« Last Edit: May 10, 2015, 02:32:15 PM by Rob Archer »

Greg_E

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Re: Industry News - LTL Only
« Reply #244 on: September 09, 2015, 04:58:42 PM »
Con-Way was bought out by XPO Logistics.  :o

"All of the acquired operations - Con-way Freight, Menlo Logistics, Con-way Truckload and Con-way Multimodal - will be rebranded as XPO Logistics."



Read more: http://www.nasdaq.com/press-release/xpo-logistics-to-acquire-conway-20150909-01409#ixzz3lHyq0ZE7
« Last Edit: September 09, 2015, 05:02:13 PM by Greg_E »

Updated 8/10/2018

Paul Kane

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Re: Industry News - LTL Only
« Reply #245 on: September 09, 2015, 07:14:13 PM »
Wow, anyone see that coming?

Ray F

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Re: Industry News - LTL Only
« Reply #246 on: September 10, 2015, 03:01:20 AM »
Con-Way was bought out by XPO Logistics.  :o

"All of the acquired operations - Con-way Freight, Menlo Logistics, Con-way Truckload and Con-way Multimodal - will be rebranded as XPO Logistics."



Read more: http://www.nasdaq.com/press-release/xpo-logistics-to-acquire-conway-20150909-01409#ixzz3lHyq0ZE7
Wow I didn't even know XPO logistics, was actually Express-1 Expedited Solutions but with a Name Change. I guess this move does make Sense though, Business wise  :-\

https://en.wikipedia.org/wiki/XPO_Logistics

Jon_G

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Re: Industry News - LTL Only
« Reply #247 on: September 10, 2015, 01:57:41 PM »

Wow! That is definitely big news. XPO bought European-based Norbert Dressangle earlier this year. I did not realize Con-way had a less than stellar year, as LTL seems to be doing well overall. I wonder if the owners were ready to sell.

Jon

pacarhauler

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Re: Industry News - LTL Only
« Reply #248 on: April 09, 2016, 10:35:20 AM »
Still says Con Way 4-4-16;
Kenworth T680 "Conway" by Dick Copello, on Flickr

RedStapler

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Re: Industry News - LTL Only
« Reply #249 on: August 13, 2016, 11:01:48 AM »
DC Velocity on LTL Market Concentration

The top 10 LTL carriers control 77 percent of the $37 billion market, while the top 25 control 94 percent, according to data published in late June by BB&T Capital Markets, an investment firm. Given the dominance of a few players, there isn't much room for cost-conscious shippers to maneuver as long as carriers stay disciplined.


http://www.dcvelocity.com/articles/20160803--business-down-prices-up-for-ltl-carriers-oligopolies-are-a-good-thing/

hwyhaulier

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Re: Industry News - LTL Only
« Reply #250 on: August 14, 2016, 05:06:39 AM »
Red Stapler - Lodge Members -

Your report notes, ...Given the dominance of a few players, there isn't much room for cost-conscious shippers to
maneuver as long as carriers stay disciplined...
Hmmmm... The Bitter Fruits of De-Regulation? We are right back
where we started from, all over again? 'Cept here, we now have "3PL" (broker) scammers getting their pieces?

We may infer, each in our own way, the "...cost-conscious shippers..." on the road to check with "...go to Helen
Waite"? If they have time to await a truck which may be passing thru for a hot shipment for Santa Rosa, NM;
Burley, ID, and so on. It a fool's errand?

Hmmm... Enthusiasm for use of word, "oligopoly" may be a bit foolish or silly?  See a classic definition:
http://www.investopedia.com/terms/o/oligopoly.asp

Facts are facts. The LTL business demands much investment of funds so to provide national services. It remains,
does it not, that even the smallest of points with three (or so) carriers, all ready, willing and able in services with
LTL shipments.


............................ Vern..........................
« Last Edit: August 16, 2016, 05:03:26 AM by hwyhaulier »

Rob Archer

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Re: Industry News - LTL Only
« Reply #251 on: November 25, 2016, 07:08:23 AM »
Manitoulin Expands in Ontario

From: Trucknews.

Manitoulin Transport utilizes three new terminals in southeastern Ontario,
MISSISSAUGA, Ont. – Manitoulin Transport has southeastern Ontario covered, now providing direct service to all towns and cities via three terminals in Cornwall, Peterborough and Kingston.

Chris_E

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Re: Industry News - LTL Only
« Reply #252 on: December 29, 2016, 08:05:32 PM »
The foot turned to the horse, the horse to the carriage, the carriage to the train, and the train to the truck.

charlie

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Re: Industry News - LTL Only
« Reply #253 on: December 29, 2016, 08:14:32 PM »
Interesting stuff here re Saia. 8) Gotta wonder who some of the smaller carriers might be that they would look to acquire? ??? Also wonder if the XPO/Con-way thing is just a quick flip and maybe they sell off the LTL part to Saia? ???

Chris_E

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Re: Industry News - LTL Only
« Reply #254 on: December 31, 2016, 07:51:03 AM »
I doubt Saia would be that ambitious to acquire XPO. It'd likely be a smaller Northeastern carrier. Problem is there's not may of them left.
The foot turned to the horse, the horse to the carriage, the carriage to the train, and the train to the truck.

Hank's Truck Forum

Re: Industry News - LTL Only
« Reply #254 on: December 31, 2016, 07:51:03 AM »

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