Canadian Carrier Mullen Reports Record Revenue in 1Q
Canadian company Mullen Group Ltd. increased revenue by C$27.5 million, or 9.4%, to $319.6 million in the first quarter, according to a news release.
April 30, 2019Mullen Group Takes Hit From Downturn in Oil Field Services
Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a “market meltdown” caused by falling oil prices that curtailed demand for transportation services as the year ended.
Mullen Group’s Trucking Segment Bolsters 3Q Results
Mullen Group reported strong revenue growth in its Canadian trucking business and expanded its oil field transportation services with a couple of key acquisitions, but the company’s profits dipped in the third quarter of 2018 as it dealt with rising costs and a decline in the value of the Canadian dollar.
Downturn in Oil Field Services Slashes Profits for Mullen Group
A surge in revenue from truckload freight hauling was enough to offset a downturn in oil field services for Canada’s Mullen Group, but the extra profits from trucking weren’t enough to salvage the company’s bottom line, which took a big hit in the first quarter.
TFI, Mullen Group Post Higher Earnings in 2017
Canadian truck and logistics firms TFI International and Mullen Group Ltd. reported increased earnings for 2017, but TFI's results were mixed in the fourth quarter while Mullen set revenue records for its trucking/logistics segment.
Mullen Completes RDK Transportation Purchase
Mullen Group completed the purchase of RDK Transportation Co., an open deck and specialized bulk truckload carrier based in Saskatoon, Saskatchewan, the company announced Sept. 5.
September 19, 2017Mullen Group Profit Jumps in 4Q
Canadian transportation firm Mullen Group Thursday posted a fourth-quarter profit of C$33.2 million, or 42 cents per share, compared with C$11.1 million, or 14 cents, a year before.
February 24, 2011