Transportation, warehousing wages climbing

OTTAWA, Ont. – Workers in Canada’s transportation and warehousing sector saw weekly earnings rise 2.4% in January when compared to the same month a year ago, Statistics Canada reports.

Navistar Trims Losses, Expects Profitable 2016

LISLE, IL - The truck and engine manufacturer Navistar International managed to cut back on its losses in its most recent fiscal quarter while they were down significantly for the 2015 fiscal year, both ending on Oct 31.

Titanium Third Quarter Business Jumps 40 Percent

WOODBRIDGE, ON - A trucking operations that bills itself as one of the fastest growing in Canada lived up to its claim in the third quarter of the year with big increases in profitability and revenue.

Energy Sector Downturn Hits Aveda Earnings Hard

CALGARY, AB - A leading provider of oilfield hauling services and equipment rentals to the energy industry has reported big drops in both profitability and revenue in the third quarter of the year.

Trimac Boosts Profit, Announces New CEO

CALGARY, AB - The bulk trucking company Trimac Transportation Ltd. reported an upturn in profits in the third quarter of the year as it announced new leadership. Net income totaled $6.1 million, or 21 cents per diluted stare, compared to $5.1 million, or 18 cents per dilutde share, for the third quarter of 2014.

Mullen Stays Profitable as Trucking Business Grows

OKOTOKS, AB - The trucking, logistics and oilfield services provider Mullen Group Ltd. managed to stay profitable in the third quarter of the year despite a big decline in the oil business, according to a new earnings report it released.

Navistar Reports 12th Straight Quarterly Loss

LISLE, IL -- Navistar International Corp. on Wednesday reported its financial losses widened during its fiscal third to US$28 million, or a loss of US$0.34 cents per diluted share, marking the 12th straight quarter it has been in the red.

Meritor Names Director of Canadian Field Sales, Service

TROY, MI - The truck component supplier Meritor Inc. has named Lewis Stern as director of field sales and service for Canada.

Hodges Purchase Leads to Aveda Transportation Profit

CALGARY, AB - Oil field transporter and related services provider Aveda Transportation and Energy Services Inc. moved back into the black during the second quarter of the year, according to its newly released earnings.

Titanium Reports Loss Following Muskoka Purchase

WOODBRIDGE, ON - The trucking and logistics company Titanium Transportation Group Inc. moved from a profit to a loss in the second quarter of the year following its purchase of rival Muskoka Transport Ltd. in March.

Trimac Profit Moves Higher Despite Lower Revenue

CALGARY -- The bulk-trucking operation Trimac Transportation Ltd. has released its second quarter earnings showing a 9.4 percent increase in profit despite lower revenue.

TransForce Second Quarter Profit, Revenue Jump

MONTREAL, QC - The trucking and logistics giant TransForce Inc. reported higher profits and revenue in the second quarter of the year but has lowered expectations for the remainder of 2015.

Mullen Group’s Second Quarter Profit Plummets

OKOTOKS, AB -- Mullen Group Ltd. has reported a huge drop in its second quarter profit as business in Canada's energy industry has also sunk. The trucking and related oilfield services transportation provider said net income totaled $0.9 million or $0.01 per share, a decrease 96.5 percent compared to the same time a year ago.

International Trucks In Serious Come-Back Mode

LISLE, IL --Despite still dealing with financial problems, the truck and engine manufacturer Navistar International Corp. is rapidly gaining market share in the North American medium-duty market. That was one of several nuggets the company discussed in a conference call with analysts. That was one of several nuggets the company discussed in a conference call with analysts on Thursday. According to Troy Clark, president and CEO, Navistar's medium duty market share increased six percentage points in its fiscal second quarter over the first quarter to 27%. "In fact one of our major leasing customers recently shared some data with us that shows that DuraStar chassis and ISB engine combination delivers the best fuel economy and lowest cost of ownership across their entire fleet," he said. "Our leasing and rental customers are increasingly happy with our performance. Our share is growing with these very important buyers. Notably we've also seen a significant increase in dealer wide sales. That's key to our success in the medium-duty segment."

Navistar Narrows Loss as Revenue Slips, Misses Expectations

LISLE, IL -- Navistar International Corp. on Thursday announced it narrowed its fiscal second quarter loss while revenue slipped.