Trimac’s Third-Quarter Income Rises
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rimac Transportation System is ranked No. 43 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
anadian transportation firm Trimac Income Fund said it earned C$5.9 million or 14.6 cents per unit in the second quarter, compared with C$4.1 million or 9.1 cents a year earlier.
Revenue rose to C$83.6 million from C$78 million in 2005. Trucking accounted for C$79.4 million of this year’s third-quarter revenue and logistics revenue was C$4.2 million, the company said Friday in a statement.
In early October, Trimac acquired Canadian cement hauler Jeffbrett Group. (Click here for previous coverage.)
