TORONTO, Ont. – The Today’s Trucking Top 100 is the definitive ranking of for-hire fleet sizes in Canada, and TFI International has topped the annual list once again. But there are changes this year – even within the Top 5.
TORONTO, Ont. – The Today’s Trucking Top 100 has become the definitive ranking of for-hire fleet sizes in Canada, offering insights into those who are adding or retracting available capacity. And the 2018 edition has been released. Rankings are based on a sum of supplied truck, tractor, and trailer counts (shown at the bottom of each listing)
OKOTOKS, AB – Mullen Group has announced eight nominees have been elected to as directors of the company.
OKOTOKS, AB – Mullen Group Ltd., one of Canada’s largest trucking companies, reports that its third quarter revenue dropped 15% to $258 million due to a $35.2 million decline in revenue from its oilfield services segment and a $9.8 million hit to its trucking and logistics segment.
OKOTOKS, AB – Trucking and logistics firm Mullen Group is reporting a 3.4% drop compared to 2015 for its first quarter revenue of 2016, which came in at $173.9 million. But the company was arguably hit hardest by a $58.4-million decline in its oilfield services segment, calling it “extremely weak demand.”
OKOTOKS, AB — Mullen Group, one of Canada’s most successful fleets, has released its second quarter financial results in the midst of what the company’s CEO views as a “pretty deep recession” in Western Canada.
The major oilfield services company posted Q2 consolidated revenue of $247 million, a decline of $37.8 million, or 13.3%, compared to the same period in 2015. The company was also hit by a $31.1 million decline in its oilfield services segment.
FORT McMURRAY, AB – Powerful wildfire continues to devastate Fort McMurray Thursday as the community declares a state of emergency and looks for respite from Mother Nature.
“We are hopeful that Mother Nature helps!” said Murray Mullen, CEO of the Mullen Group, as the oilfield transportation services company prepares for the long day ahead.
Stale air mass, winds and low humidity are creating “perfect storm” conditions for the unpredictable wildfires now heading southward. The flames have torched some 1,600 homes and forced the evacuation of more than 88,000 people in the Fort McMurray area.
Mullen said he can now report that all of his group’s employees and families have been safely evacuated from the region. Now, they’re just trying to help in any way they can.
OKOTOKS, AB – The board of the trucking and logistics and oilfield services provider Mullen Group Ltd. has slashed the company capital spending budget for next year, due in large part to the steep decline in oil and gas prices and activity.
OKOTOKS, AB — Mullen Group Ltd. has reported a huge drop in its second quarter profit as business in Canada’s energy industry has also sunk. The trucking and related oilfield services transportation provider said net income totaled $0.9 million or $0.01 per share, a decrease 96.5 percent compared to the same time a year ago.
TORONTO, ON – Despite lowered target price, eight ratings firms still consider transport group to be a hold.
TORONTO, ON – Investment analysts cut target price on shares from $27.00 to $23.25 in a note issued to investors.
OKOTOKS, AB – Company announces 2015 business plan with cautions about new challenges for the oil and natural gas industry.
OKOTOKS, Alta. — One more trucking income trust has jumped on the corporate bandwagon. The Mullen Group Income Fund has revealed its intention to become the latest transport outfit to convert into a corporation.
Last week, Manitoulin Transport bought the Canadian assets of Vitran Corporation and that’s just what the Canadian trucking market needs, according to a CIBC World Markets report.
OKOTOKS, AB -Mullen Group announced yesterday the signing of an agreement to acquire Jay’s Moving & Storage Ltd., based out of Regina, SK.