Clarke Reports Higher Fourth-Quarter Profit

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Canadian holding company Clarke Inc. on Monday reported fourth-quarter net income of C$4.4 million or 28 cents a share, up from C$3.2 million or 23 cents a year earlier.Revenue rose to C$52.1 million from C$49.1 million a year earlier, the company said in a statement.Fourth-quarter income from continuing operations was C$6.4 million, up form C$3.5 million.For the year, the company earned C$17.2 million or $1.13 per share, down from C$18.5 million or C$1.37.Revenue rose to C$208.2 million from C$201.4 million, while income from continuing operations rose to C$23.4 million from C$13.4 million.Ontario-based Clarke, which operates in the truckload and less-than-truckload sectors via its Clarke Transport unit, is ranked No. 66 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.