Business Management Titanium’s trucking margin improvements help it grind out Q1 profit May 16, 2023 Titanium Transportation Group earned net income of $3.6 million in Q1, but deteriorating market conditions were reflected in a 22% decrease in revenue and 40% decline in net income. The…
Equipment Navistar returns to profitability, anticipates strong 2018 December 19, 2017 LISLE, Ill. – Navistar International returned to profitability in the fourth quarter of 2017, reporting Q4 net income of US$135 million on revenues of $2.6 billion. It wrapped up the…
Business Management TFI International weathering difficult U.S. truckload market October 27, 2017 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…
Business Management TFI’s Bedard sees improving conditions, more M&A ahead February 17, 2017 MONTREAL, Que. – Improving conditions across all business segments are expected this year by TFI International chairman and CEO Alain Bedard, but weakness in the US truckload segment could continue…
Business Management Mullen Group revenue, profits decline in Q4 February 9, 2017 CEO Murray Mullen maintains increasingly optimistic outlook
Business Management TransForce exits rig-moving business, grows Q3 revenue October 22, 2015 MONTREAL, Que. — TransForce grew revenue and net income in the third quarter and announced it is discontinuing its rig-moving division. Those assets will be sold or redeployed elsewhere, TransForce…
Business Management Navistar refinances loan to improve liquidity July 20, 2015 LISLE, Ill. — Navistar has refinanced a loan so it can invest in new products and advance its recovery, the company announced this morning. A US$697-million loan that matures in…
Business Management Contrans acquisition helps boost TransForce earnings March 2, 2015 MONTREAL, Que. — TransForce closed out its fiscal year strong, posting a 36% increase in Q4 revenue and more than doubling its profits to $47.5 million. “TransForce completed several significant…