Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A file photo of a truck on the highway. (Kyoungil Jeon/iStockphoto/Kyoungil Jeon/iStockphoto)
A file photo of a truck on the highway. (Kyoungil Jeon/iStockphoto/Kyoungil Jeon/iStockphoto)

TransForce boosts profit, revenue with acquisitions Add to ...

Canada's largest trucking company, TransForce Inc. , says its second-quarter profit has increased, helped by revenue from its recent acquisitions.

The Montreal-based company posted net income of $26.2-million, or 27 cents per share for the three month period.

That compares to $17-million, or 18 cents per share, a year ago.

More related to this story

Revenue was up 31 per cent to $650.8-million from $496.9-million.

The company says results were helped by the acquisition of Dynamex Inc. in February and the assets of Speedy Heavy Hauling Inc. last summer.

Together, the two acquisitions added combined revenues of about $140-million.

 
Security Price Change
TFI-T TransForce Inc. 29.01 0.09
0.311 %
Add to watchlist

In the know

Top videos »