Truck News

News

COMPETITION WATCH: Trimac posts first quarter loss

CALGARY, Alta. -- Trimac Income Fund posted a $700,000 loss in the first quarter and a 16.5% decrease in reven...


CALGARY, Alta. — Trimac Income Fund posted a $700,000 loss in the first quarter and a 16.5% decrease in revenue compared to the first quarter of 2008.

 

Trimac chalked the revenue decline to a reduction in fuel surcharges and a decrease in construction, drilling, mining and forestry activities.

 

The company’s western division saw revenue decline 16.8% and the eastern division experienced a 15.5% decline in revenue. In total, Trimac’s bulk trucking segment saw revenue drop 16.3%.


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*