Canada Cartage’s Revenue Rises

Canada Cartage said Monday its first-quarter revenue rose 5.5% to C$78.2 million from a year ago.

The company’s origins go back to 1914 but it went public in March 2006 under the name Canada Cartage Diversified Income Fund.

U.S. private-equity firm Nautic Partners said earlier this month it will buy the company C$140 million.