Journal of Commerce--Rising costs and a $39 million tax bill led to a $40.2 million loss for less-than-truckload carrier Vitran in the fourth quarter and a $42.9 million loss for the year.
The Canadian-based cross-border carrier ran into the red despite an increase in shipments and tonnage in the fourth quarter and higher LTL rates.
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The Canadian-based cross-border carrier ran into the red despite an increase in shipments and tonnage in the fourth quarter and higher LTL rates.
Read more!
