Mullen Group gets lift from freight market, acquisitions in Q2

A red truck of Mullen Group carrier Gardewine pulling a double trailer, seen from the side.

Canadian trucking and logistics company Mullen Group (TSX:MTL) reported a double-digit jump in revenue in the second quarter Wednesday as it reaped the benefits of a strong freight market and acquisitions. 

The Alberta-based firm reported net income of CA$21.7 million ($17.3 million), or 23 cents per share, on CA$312.5 million in revenue in its second-quarter financial results. It beat analysts’ estimates of 16 cents per share on CA$310 million in revenue, according to Yahoo Finance

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https://www.freightwaves.com/news/mullen-group-gets-lift-from-freight-market-acquisitions-in-q2

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