Truck News


  • 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

  • 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

  • Celadon to restate prior financials, likely to be delisted

    April 3, 2018 8:06AM by Truck News

    INDIANAPOLIS, Ind. – Celadon Group announced yesterday that its financial statements for the fiscal year 2016 and the quarters ended Sept. 30, 2016 and Dec. 31, 2016 remain under internal investigation. The company also reviewed its current and historical accounting

  • Acquisitions drive TFI’s Q4 revenue growth

    February 21, 2018 7:01AM by Truck News

    MONTREAL, Que. – TFI International grew its Q4 net income and revenue from continuing operations, during a quarter of transition. The company reported Q4 revenue of $1.06 billion, up 2% year-over-year, and net income from continuing operations of $120.2 million.

  • Investments paying off for Titanium’s logistics division

    February 8, 2018 7:14AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group says its logistics division achieved record monthly sales in January. The company reported the division brought in more than $5.5 million in the month, thanks to increased sales, operational, and technology initiatives. “Our logistics

  • Better rates, volumes offset by weaker U.S. dollar: Titanium

    November 8, 2017 6:22AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group reported stronger third quarter revenue and improving volumes, but profits were negatively affected by the weakening U.S. dollar. Still, the company is optimistic trucking conditions will improve in the months to come. Titanium revenue

  • Mullen reports record trucking revenue

    October 27, 2017 12:00PM by Truck News

    OKOTOKS, Alta. – Mullen Group grew third quarter net income by 48% to $26 million on record trucking/logistics segment revenue of $190.7 million. Mullen Group revenue was up 9.8% to $283.9 million. The increase in trucking/logistics revenue was largely due

  • Titanium grows revenue, EBITDA

    March 22, 2017 6:18AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group posted a net loss of $62,091 in 2016, but grew its revenue 6% and improved its EBITDA slightly over the previous year. The company says it generated $116.6 million in revenue in 2016, a

  • Navistar posts Q1 loss as Class 8 market faces headwinds

    March 7, 2017 8:14AM by Truck News

    LISLE, Ill. – Navistar reported a US$62 million net loss in the first quarter of 2017. Revenues were $1.7 billion, down 6% year-over-year, due to weaker truck sales in the overall Class 8 market. “Our results are on track with

  • Ability to adapt rapidly helps TransForce grow revenues

    February 11, 2016 7:25PM by Truck News

    MONTREAL, Que. — Having sold off its waste management business and shuttered its US oil rig moving business, TransForce on Thursday reported increased revenue for the fourth quarter and full year in 2015. Revenue from continuing operations climbed 23% in

  • TransForce to target US truckload companies for 2016 acquisitions

    October 23, 2015 10:15AM by James Menzies

    MONTREAL, Que. — TransForce will be looking to the US truckload segment when it resumes its buying spree sometime next year. This year has been quiet on the M&A front, and TransForce invested its money into buying back its own

  • TransForce reduces earnings outlook on economic weakness

    July 23, 2015 5:27PM by Truck News

    MONTREAL, Que. — TransForce grew Q2 revenue and profits thanks to last year’s acquisitions, but has revised downwards its anticipated full-year results on softer than expected economic conditions. Revenue excluding fuel surcharges was $998.1 million, up 27% from the second

  • TransForce grows Q1 profits

    April 22, 2015 2:25PM by Truck News

    MONTREAL, Que. — TransForce grew its revenue and net profit in the first quarter of 2015, thanks in part to acquisitions made last year and a weaker Canadian dollar. “Despite negative impacts from lower oil prices and harsh winter conditions

  • Navistar trims losses in first quarter

    March 3, 2015 12:37PM by Truck News

    LISLE, Ill. — Navistar posted a net loss of US$42 million in the first quarter, on revenue of $2.4 billion. That compared to a loss of $248 million during the first quarter of 2014. Revenues were up 10% compared to