Times Colonist

Transforce earnings up


MONTREAL — National trucker Transforce Inc. said Tuesday higher thirdquart­er earnings were mostly driven by three acquisitio­ns and it is focusing on optimizing its fleets and holding down costs in an uncertain economy.

Quarterly revenue for the Montreal-based trucking firm (including fuel surcharges) was $743 million, up 49 per cent from a year earlier.

Package and courier operations improved but newly acquired Loomis Express lost money, said chief executive Alain Bedard.

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