Bullboard - Stock Discussion Forum Mullen Group Ltd. MLLGF

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

Industrials Integrated Shipping & Logistics

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... see more

TSX:MTL - Post Discussion

Mullen Group Ltd. > Comparison

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Post by retiredcf on Oct 17, 2021 3:43pm

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