Skip to content
Home » Blog » Trimac's 4Q Income Improves

Trimac's 4Q Income Improves

Click Here!

3/8/2011 8:30:00 AM

Trimac Transportation Ltd.’s fourth-quarter earnings rose to C$4.5 million, or 10 Canadian cents per unit, up from C$1.2 million, or 2 cents, a year ago.

Revenue rose to C$75 million, from C$65.7 million, Trimac said in a statement. Transportation revenue rose to C$68.6 million from C$60.8 million,

For the year, the company earned C$13.4 million, or 34 cents per unit, up from C$5.4 million, or 14 cents. Revenue rose 10.7% to C$291.1 million. Operating earnings for the year nearly doubled to C$17.7 million.

Formerly Trimac Income Fund, the company converted itself into a corporation on Jan. 1. The converted corporation operates the same business as its predecessor.

Results reported are from Canadian operations only and do not include proceeds from U.S. operations.

Trimac is ranked No. 40 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

Click Here!

© 2010, Transport Topics Publishing Group. All rights reserved.


Trimac’s 4Q Income Improves (3/8/2011 8:30:00 AM)
iTECH: CSA Helps States Target Safety Reviews (3/3/2011 7:00:00 AM)
Technology Can Put Truckers in the Fast Lane When Crossing Canadian and Mexican Borders (11/22/2010 3:15:00 AM)
Trimac Names Malysa President, Starting in 2011 (11/17/2010 9:20:00 AM)
Trimac’s 2Q Income Improves (8/12/2010 9:10:00 AM)
NHTSA Eyes Stability Systems to Prevent Tanker Rollovers (8/9/2010 4:45:00 AM)

Click Here!