TIL lifts operating earnings, watching for slowdown

Thu, 22 Aug 2019

By Gavin Evans Aug. 23 (BusinessDesk) - TIL Logistics says it is watching business confidence and the broader economy closely after noting a slowdown in the June quarter. The trucking and warehousing business reported 7 percent growth in adjusted full-year operating earnings today on the back of its expanding freight operation and growth of its specialist trucking operations. But it noted that second-half revenue at the freighting division – its largest revenue producer – fell below that of the first-half to end the year 4 percent ahea...

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