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Mullen Group


  • 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

  • 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

  • Mullen discusses “messy” results

    April 26, 2018 12:41PM by James Menzies

    OKOTOKS, Alta. – “Disappointing” and “messy” were a couple of the words Mullen Group CEO Murray Mullen used to describe the company’s first quarter, but he remains optimistic about the remainder of the year. On a conference call with analysts

  • 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,

  • Mullen Group buys DWS Logistics

    February 13, 2018 6:51AM by Truck News

    OKOTOKS, Alta. – Mullen Group has announced the acquisition of DWS Logistics, expanding its third-party logistics and warehousing services. DWS is based in Mississauga, Ont., with distribution centers in the Greater Toronto Area and the Lower Mainland of B.C. Its

  • Mullen to buy new equipment, increase dividend

    December 13, 2017 9:23PM by Truck News

    OKOTOKS, Alta. – Mullen Group has approved a capital budget of $40 million for 2018, most of which will be used to replace trucks, trailers and specialized equipment within its trucking and logistics segment. The capital budget doesn’t include funds

  • 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

  • Optimism returning to oil and gas industry: Mullen

    April 24, 2017 7:24AM by Truck News

    OKOTOKS, Alta. – Mullen Group reported improved revenue in the first quarter of 2017 in both its trucking/logistics and oilfield services segments, but the markets remain “fragile,” according to chairman and CEO Murray Mullen. The company posted Q1 revenue of

  • Mullen Group CEO remains upbeat about 2017

    February 10, 2017 6:55AM by James Menzies

    Expects Alberta economy, pricing to improve this year

  • Mullen Group revenue, profits decline in Q4

    February 9, 2017 6:39AM by Truck News

    CEO Murray Mullen maintains increasingly optimistic outlook

  • 2017 to be “year of growth” for Mullen Group

    December 16, 2016 7:34AM by Truck News

    OKOTOKS, Alta. – After two very challenging years, Mullen Group chairman and CEO Murray Mullen said 2017 will be a year of growth. “I believe the outlook for the economy and the oil and gas industry has changed for the

  • Murray Mullen becoming more optimistic about oil and gas industries

    October 20, 2016 4:31PM by James Menzies

    Mullen Group beats Bay St. expectations, positions for recovery

  • Mullen Group positioning for oil and gas recovery

    July 21, 2016 4:19PM by Truck News

    OKOTOKS, Alta. — The time has come to start preparing for a recovery in the oil and gas segment and to position Mullen Group for growth. That was a message from Mullen Group CEO Murray Mullen to analysts during a

  • Mullen Group grows profits despite “pretty deep recession” in Alberta

    July 21, 2016 11:23AM by Truck News

    OKOTOKS, Alta. — Mullen Group posted second quarter earnings that exceeded analyst expectations, even on shrinking trucking revenues. Total revenue came in at $247 million, down 13.3% from last year’s Q2. The oilfield services segment saw revenue drop by $31.7