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Industry News - Page 375 of 696

  • New Ontario Legislation Addresses Towing, Key Truck & Road Safety Pieces

    The government of Ontario has introduced the Moving Ontarians More Safely (MOMS) Act, 2021 which includes a number of key pieces in road safety and consumer protection.  

    New Ontario Legislation Addresses Towing, Key Truck And Road Safety Pieces

     

    Highlights include:
    The introduction of the Towing and Storage Safety and Enforcement Act, 2021 (the Act).  This legislation will strengthen provincial oversight of the towing and storage sectors to reduce crime and fraud, promote road user and tow operator safety, improve customer protections, and create a level playing field for tow operators – in addition to efforts already under development for dedicated Tow Zone Pilot on GTA highways.

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    Aug 18, 2021 - 4 years ago

  • FLO Components Receives “Lincoln Distinguished Distributor Award” For 2020

    Mississauga-based greasing solutions expert, FLO Components Ltd. is proud to announce that it has received the SKF Lubrication Management, “Lincoln Distinguished Distributor Award” for 2020.

    FLO Components Receives “Lincoln Distinguished Distributor Award” For 2020
    From left to right: FLO VP Mike Deckert, FLO President, Chris Deckert and SKF Lubrication Management, Ontario District Manager, Bert Nyenhuis.

    The award is presented annually for outstanding sales performance to one or two distributors in North America.  FLO has been the leading distributor for Lincoln in Ontario since 1977 and has been previously recognized with this award in 1999, 2002, 2005, 2007, 2010 and 2017.

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    Aug 18, 2021 - 4 years ago

  • From The Supply Post Archives: Hyundai VIP Tour South Korea

    From The Supply Post Archives - Hyundai VIIP Tour South Korea

    “There is a saying, to see is to believe.” 

    That was the premise behind the recent 2004 VIP Korea Tour for North American Hyundai dealers and customers hosted by Hyundai Heavy Industries Co. Ltd. (HHI). Seventy five participants, including two journalists, were the very special guests of the Construction Equipment Division during a very full week of visits to Hyundai manufacturing facilities and cultural and tourist attractions in South Korea. Story & Photos by Jan Mansfield

    Supply Post November 2004The construction equipment division intends to become one of the top five companies in the world in the industry by the year 2010, with projected sales of $3.5-billion (U.S.). Bringing its customers and dealers from all over the world to see, smell and touch the product, and making them “believers”, is one component of reaching that goal.

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    Aug 18, 2021 - 4 years ago

  • Sensational Six: Trucking Leads Fight Against Prostate Cancer Again

    The Canadian Trucking industry has won the prostate cancer-fighting fundraising contest known as Plaid for Dad as many times as Michael Jordan has NBA titles.

    Sensational Six: Trucking Leads Fight Against Prostate Cancer Again

    For the sixth year in a row, the trucking industry – and Canadian Trucking Alliance member carriers, in particular – won the annual fundraising effort, organized by the Canadian Cancer Society to battle prostate cancer.  (Jordan, who won six NBA titles with the Chicago Bulls, needed eight years to do it, however).

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    Aug 17, 2021 - 4 years ago

  • Hendrickson STEERTEK NXT Available on Select Kenworth and Peterbilt Truck Models

    Hendrickson Truck Commercial Vehicle Systems announced today that its STEERTEK NXT fabricated front steer axle has been selected as the standard front axle on the new Kenworth and Peterbilt medium-duty truck models.

    Hendrickson STEERTEK NXT Available on Select Kenworth and Peterbilt Truck Models

     

    STEERTEK NXT is now available to order on Kenworth T180, T280, T380, & T480 trucks and Peterbilt Models 535, 536, 537, & 548 trucks as standard equipment with the additional capacity options.  Hendrickson’s proprietary design and manufacturing process saves weight compared to traditional I-beam axles while combining rigid strength, outstanding maneuverability due to 55 degrees of wheel cut, and reduced maintenance. As with the rest of the STEERTEK NXT portfolio, these new axles come with a best-in-class service interval and feature an exclusive 10-year, 1-million-mile warranty.

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    Aug 17, 2021 - 4 years ago

  • SPACs Fueling Over US$38 Billion In IPO’s For Commercial Transportation

    Special Purpose Acquisition Companies (SPACs) have been growing exponentially, annually over the last two years.  According to ABI Research, a global tech market advisory firm, more than US$38 billion in pro forma equity valuations were attributed to the commercial vehicle space. All those IPO’s focused on strategic technologies for last mile, automation, and/or electrification/alternative fuels.  

    SPACs Fueling Over US$38 Billion In IPO’s For Commercial Transportation

     


    “Multiple manufacturers from Nikola to Proterra, Lordstown, Lion Electric, Hyzon Motors, Einride, and Plus require significant capital to enable full production, with investors ramping up SPAC’s and joining in bidding wars in some cases,” states Susan Beardslee, Freight Transportation, and Logistics Principal Analyst at ABI Research.

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    Aug 17, 2021 - 4 years ago

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