Truck News


Keyword
earnings


  • Titanium posts strong Q3 earnings

    November 9, 2018 8:54AM by Truck News

    BOLTON, Ont. – Titanium saw its revenue climb 42% in the third quarter, while netting a profit of $1.1 million. Truck transportation EBITDA climbed 59% to $4.2 million in the quarter, while the logistics segment came in at $1.4 million,

  • Mullen Group achieves record trucking profit

    October 25, 2018 1:19PM by James Menzies

    OKOTOKS, Alta. – Mullen Group’s trucking and logistics segment achieved record revenue and profit in the third quarter. The segment now makes up about 70% of Mullen Group’s revenue, a stark contrast to its traditional model where it represented about

  • TFI agrees to buy Gorski, raises guidance

    October 23, 2018 10:35AM by James Menzies

    MONTREAL, Que. – TFI International raised its 2018 EBITDA guidance yesterday, due to a strong trucking environment. “The general freight environment is strong throughout North America, and all of our segments are benefiting,” Alain Bedard, chairman, president and CEO said

  • Stronger pricing, ability to attract drivers keys to Titanium’s success

    August 9, 2018 9:13AM by James Menzies

    BOLTON, Ont. – Improving rates and the ability to add capacity in a driver-starved market were two of the reasons Titanium Transportation Group was able to achieve record revenue and profit in the second quarter. Speaking to analysts about Q2

  • Titanium reports record quarter

    August 9, 2018 6:28AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group rode a strong trucking market to record results in the second quarter. The company reported revenue of $51.8 million, marking a year-over-year increase of 58%. Net income was $2.2 million, or double the previous

  • TFI International improves margins, profit

    July 27, 2018 6:45AM by Truck News

    MONTREAL, Que. – A strong trucking market allowed TFI International to boost its margins and profits in the second quarter. The company reported Q2 net income of $80.4 million on revenue of $1.32 billion, an increase of 4%. “Our consistent

  • Trucking business drives Mullen’s Q2 growth

    July 26, 2018 1:41PM by James Menzies

    OKOTOKS, Alta. – Mullen Group’s increase in revenue was “all on the back of the trucking/logistics segment,” according to chairman and CEO Murray Mullen when discussing Q2 results with analysts today. The company’s trucking/logistics segment achieved its highest ever quarterly

  • Mullen reports record trucking/logistics revenue

    July 26, 2018 6:54AM by Truck News

    OKOTOKS, Alta. – Mullen Group reported record revenue for its trucking/logistics segment in the second quarter, up 19.8% year-over-year to $219.4 million. Its total revenue was $295.7 million, an increase of 8.1%, but its oilfield services revenue was down $14.1

  • Titanium achieves record quarter

    May 10, 2018 10:01AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group reported record earnings in the first quarter. Its consolidated revenue was up 53%, to a record $45.5 million, while its consolidated EBITDA also reached a record at $5 million, up 71%. Its logistics EBITDA

  • TFI focused on improving quality of revenue

    April 30, 2018 8:54AM by Truck News

    MONTREAL, Que. – TFI International doubled the profit margins of its truckload business in the first quarter, and saw earnings improve across all four of its operating segments. “Over the past year, Canadian truckload operations have remained strong, and most

  • Mullen reports record trucking/logistics revenue

    April 26, 2018 8:28AM by Truck News

    OKOTOKS, Alta. – Mullen Group reported record first quarter revenue for its trucking/logistics segment, but continues to face headwinds in its oilfield services division. The company generated consolidated revenue of $292.1 million, up 2.5%, thanks to record revenue in trucking/logistics,

  • TFI boosts profit, creates last mile segment

    April 25, 2018 1:56PM by Truck News

    MONTREAL, Que. – TFI International reported stronger earnings during the first quarter, thanks to improved truckload operations. Total revenue of $1.2 billion was flat compared to Q1 2017, but the company said this was due to currency exchange rates and

  • ‘This is the time’ for acquisitions: Titanium

    November 8, 2017 9:13AM by James Menzies

    BOLTON, Ont. – Titanium Transportation Group’s Q3 earnings were actually a tale of two quarters. In the first half of the quarter, a slumping U.S. dollar negatively impacted revenue from U.S.-based customers, while the second part of the quarter saw

  • TFI International weathering difficult U.S. truckload market

    October 27, 2017 11:46AM by Truck News

    MONTREAL, Que. – TFI International posted a adjusted net income of $48.8 million in the third quarter, on $1.05 billion in revenues. Revenue was up 17% and TFI gained $70.1 million in the sale of real estate. “We constantly strive

  • Improving trucking conditions enabling organic growth: Titanium

    August 10, 2017 9:18AM by James Menzies

    BOLTON, Ont. – As Titanium Transportation Group continues to evaluate acquisition opportunities, it is taking advantage of what it sees as a changing business environment that’s conducive to organic growth. Growing organically has been all but impossible in the trucking