Truck News


Keyword
financials


  • Titanium eyeing ‘transformational’ acquisition

    November 7, 2019 10:17AM by James Menzies

    BOLTON, Ont. – With a healthy balance sheet and downward pressure on freight volumes and rates, the time could be right for Titanium Transportation to make a sizeable acquisition. That was the message from CEO Ted Daniel, when he addressed

  • TFI International posts strong Q3

    October 25, 2019 7:25AM by Truck News

    MONTREAL, Que. – TFI International posted record Q3 results for operating income Thursday, highlighted by a 19% year-over-year increase in the truckload division. The company’s operating income was up 3% y-o-y at $131.9 million. The company also said it is

  • Overcapacity creating challenges, opportunities: Titanium

    August 14, 2019 2:43PM by James Menzies

    BOLTON, Ont. – Overcapacity and softening rates are creating headwinds for carriers, but also opportunities, as merger-and-acquisition (M&A) opportunities become more attractive. That was the message from Ted Daniel, CEO of Titanium Transportation Group, when he addressed investment analysts on

  • Titanium eyes further growth in the U.S.

    May 1, 2019 9:33AM by James Menzies

    Mixed Q1 results reflect changing market dynamics

  • TFI International posts record Q1 results

    April 24, 2019 12:51PM by Truck News

    MONTREAL, Que. – It was a record first quarter for TFI International, which posted a profit of $65.1 million, up sharply from a $48.2 million profit during the same quarter last year. It achieved record operating income of $106.3 million,

  • Titanium reports strong results, pays down debt

    March 8, 2019 12:50PM by Truck News

    BOLTON, Ont. – Titanium Transportation Group capped off a strong fourth quarter and full year, growing Q4 revenue 20% and recording a net income of $1.3 million. For the full year, Titanium saw revenue climb 43% to $184.8 million and

  • Four takeaways from the TFI International analysts call

    February 28, 2019 10:26AM by James Menzies

    MONTREAL, Que. – TFI International posted record fourth quarter results on Feb. 27, and CEO Alain Bedard expanded on the company’s operations and industry trends in a customary conference call with analysts this morning. Here are some key takeaways from

  • TFI International achieves financial milestones

    February 28, 2019 7:25AM by Truck News

    MONTREAL, Que. – TFI International powered through a strong cycle to achieve record fourth quarter and year-end results in 2018. Fourth quarter operating income was up 56% to $103.3 million, and operating margin was up 270 basis points to 8.9%,

  • 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 International posts strong Q3 results

    October 23, 2018 7:37AM by Truck News

    MONTREAL, Que. – TFI International capitalized on a strong trucking environment in the third quarter, posting its second straight quarter of record operating results. Operating income was up 107% year-over-year, at $125.1 million. The company brought in $1.29 billion in

  • News Equipment

    Navistar’s Q3 results reflect strong truck market

    September 6, 2018 6:46AM by Truck News

    LISLE, Ill. – Navistar has announced a US$170-million profit for the third quarter, on revenues of $2.6 billion. This despite acknowledging an impact of supplier constraints that delayed deliveries and impacted volumes. Revenues were up 18% year-over-year, mostly due to

  • 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