Business Management First truck off Navistar’s San Antonio line will be fully-electric September 9, 2020 LISLE, Ill. – Navistar International posted a third quarter net loss of US$37 million, as revenues plunged 45% year-over-year primarily due to the Covid-19 pandemic. “Our fiscal third quarter opened…
Business Management Titanium posts strong second quarter as freight volumes rebound August 12, 2020 BOLTON, Ont. – Titanium Transportation grew its profit by $400,000 in the second quarter year-over-year, after weathering the storm brought on by Covid-19. Its net income was $900,000 for the…
Business Management Diversification helps Titanium maintain Q1 revenue, profitability May 13, 2020 BOLTON, Ont. – Titanium Transportation reported its second strongest first quarter for revenue, generating $44.3 million despite economic challenges late in the quarter wrought by the Covid-19 pandemic. Net…
Business Management Titanium positioned for ‘transformational’ acquisition March 12, 2020 BOLTON, Ont. – After a year of reducing its debt and improving its balance sheet, Titanium Transportation is in a position to potentially double its size through a “transformational” acquisition.
Transportation Titanium sets revenue record, but profit slides amid softening market conditions March 11, 2020 BOLTON, Ont. – Titanium Transportation Group achieved its highest-ever fourth quarter revenue in 2019, but saw net income slip from $1.3 million to $300,000 year-over-year. “Titanium wrapped up the year…
Transportation Titanium eyeing ‘transformational’ acquisition November 7, 2019 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…
Business Management TFI International posts strong Q3 October 25, 2019 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%…
Transportation Overcapacity creating challenges, opportunities: Titanium August 14, 2019 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…
Business Management Titanium eyes further growth in the U.S. May 1, 2019 Mixed Q1 results reflect changing market dynamics
Business Management TFI International posts record Q1 results April 24, 2019 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…
Business Management Titanium reports strong results, pays down debt March 8, 2019 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…
Business Management Four takeaways from the TFI International analysts call February 28, 2019 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…
Business Management TFI International achieves financial milestones February 28, 2019 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,…
Business Management Titanium posts strong Q3 earnings November 9, 2018 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…
Business Management Mullen Group achieves record trucking profit October 25, 2018 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…
