Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
5/12/2014 9:15:00 AM Write a Letter to the Editor Write a letter to the Editor

Trimac’s First-Quarter Earnings Decline

Russ MacNeil for TT

Trimac Transportation’s first-quarter earnings declined from a year ago, and revenue improved.

Earnings before interest taxes, depreciation and amortization slipped to C$3 million from C$3.1 million a year ago.

Revenue before fuel surcharges rose 3% to C$95.9 million, Calgary, Alberta-based Trimac said.

“Although the cold weather we experienced during the quarter was one of the most challenging environments in the past several years, we were able to improve revenue including fuel surcharges,” Trimac President Edward Malysa said in a statement.

The company said it expects moderate growth for the rest of the year, but finding drivers and mechanics continues to be an issue.

Trimac Transportation is part of the Trimac Group, which ranks No. 39 on the Transport Topics Top 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics, American Trucking Associations Inc.
Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement