Canadian trucking CEO: Many companies want to sell

A tractor-trailer from Mullen Group carrier Tenold Transportation. The company CEO says many Canadian trucking companies want to sell.

The CEO of Mullen Group (TSE:MTL) said the Canadian trucking and logistics company is currently “inundated with acquisition opportunities” as other firms look to sell during the economic turmoil of the COVID-19 pandemic.

“I ask myself, ‘Why are so many companies all of a sudden on the block?’” Murray Mullen told financial analysts during a conference call on Thursday. “My instincts are telling me that 2021 is going to be a great year of opportunity, especially as government support payments...

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