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Mullen Group Ltd. MLLGF


Primary Symbol: T.MTL Alternate Symbol(s):  T.MTL.DB

Mullen Group is one of North America's largest logistics providers with a network of independently operated businesses provide a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics & specialized hauling transportation. Mullen also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.


TSX:MTL - Post by User

Post by retiredcfon Oct 17, 2021 3:43pm
149 Views
Post# 34015846

Comparison

Comparison

Do you foresee any specific potential drivers for upside  in one of these two transportation companies - Mullen Group and TFI International? 

MTL still has a close relationship with the energy sector, so it may see some short term moves as that sector starts spending again. But TFII remains in a good position to benefit from the growth in the NA economy generally, and with driver shortages and supply issues, can likely keep prices high to customers. Gas is usually surcharged so not that big of an impact to the company. Its much larger size should also allow it to continue to make attractive acquisitions. Its UPS freight acquisition also is a catalyst for growth. 

So said 5iResearch. GLTA

 

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