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.
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."