Business Management Aveda Transportation rolls to loss as oil patch activity evaporates November 13, 2015 CALGARY, Alta. — Aveda Transportation and Energy Services posted a Q3 net loss of $20.1 million, as revenues fell 43.3%. Revenue over the first nine months of 2015 was down…
Business Management Aveda Transportation slashes costs as oil prices remain low October 15, 2015 CALGARY, Alta. — Aveda Transportation announced it is taking further cost-cutting measures and seeking a new president and CEO as it adjusts to a prolonged downturn in the oil and…
Business Management Aveda Transportation posts Q2 profit thanks to Hodges Trucking acquisition August 17, 2015 CALGARY, Alta. — Alberta-based oilfield hauler Aveda Transportation saw its Q2 revenue fall 28.2% year-over-year as depressed oil prices reduced demand for oilfield transportation services. The revenue drop in Canada…
Business Management HOW TO TAKE OUT YOUR COMPETITOR 101 June 22, 2015 When Aveda Transportation purchased US firm Hodges Trucking earlier this year, it wasn’t just about expanding the business, it was about removing a difficult competitor. With the deal closed, Aveda…