* Sees Q2 adj loss/shr $0.03-$0.06
* Expands revolving credit facility to $111.5 mln (Follows alerts)
July 12 (Reuters) - Vitran Corp Inc said it expected an adjusted loss for the second quarter, hurt mainly by higher labor costs and poor performance at its U.S. based less-than-truckload (LTL) operations.
The company, which offers LTL and logistics services across Canada and the United States, expects an adjusted loss of 3-6 cents per share for the quarter.
For the first quarter, it had earned 2 cents a share on an adjusted basis.
In January, Vitran had bought the LTL business of Tennessee-based transportation services company Milan — which operates 34 facilities in central and southeastern United States.
The Toronto-based trucker also said it increased its revolving credit facility to $111.5 million from $100 million, to execute its operational and capital plans for the next year.
Shares of the company closed at C$13.15 on Monday on the Toronto Stock Exchange. (Reporting by Maneesha Tiwari in Bangalore; Editing by Maju Samuel)