February 8, 2012 / 11:48 AM / 6 years ago

UPDATE 1-Vitran posts Q4 loss on higher costs

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Feb 8 (Reuters) - Canadian trucking company Vitran Corp posted a loss for the fifth straight quarter, hurt by higher costs and weakness in its U.S. less-than-truckload business.

For the October-December quarter, loss from continuing operations was $8.1 million, or 49 cents a share, compared with a loss of $40.2 million, or $2.47 a share, a year ago.

Adjusted loss from continuing operations was 14 cents a share.

Revenue rose 20 percent to $205.2 million.

Shares of the company closed at C$6.83 on Tuesday on the Toronto Stock Exchange. (Reporting by Shounak Dasgupta in Bangalore; Editing by Supriya Kurane)

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