Mullen Transportation’s Profit, Revenue Rise for Quarter
anadian transportation firm Mullen Transportation Inc. reported Thursday it earned about $21 million or $1.40 a share in the first quarter, up from about $18.4 million or $1.24 a year earlier.
Mullen said its first-quarter revenue increased 10.5% to $142.4 million.
“The news in our trucking segment is very good on all fronts,” said Co-Chief Executive Officer Stephen Lockwood. “Demand for trucking services was strong . . . particularly in western Canada.”
Mullen is ranked No. 63 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.