Trimac’s 4Q Profit Improves

Canada-based transportation firm Trimac Income Fund said its fourth-quarter profit rose to C$3 million, or 11 cents per unit, from C$2.2 million, or 9 cents, a year ago.

Revenue slipped to C$78.1 million, from C$79.3 million, Trimac said late Thursday.

The company does not include its U.S. operations in its publicly stated earnings, which only encompass Trimac Income Fund and its Canadian operations.

For the full year, Trimac earned C$13.8 million, or 47 cents per unit, down from C$17.4 million, or 50 cents per unit. Revenue fell to C$326.7 million, from C$330.6

Trimac Income Fund is the Canadian segment of Trimac Group, which ranks No. 42 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.