Algoma Central Third-Quarter Profit Jumps on Strong Bulk Demand
Algoma Central reported higher third-quarter profit, citing strong agricultural and construction shipping volumes, expanded fleet capacity and a gain from selling two vessels. The body is truncated before the reported net income figure.
By Adriano MarcheseAlgoma Central logged a jump in third-quarter profit, by strong agricultural and construction shipping volumes, expanded fleet capacity and a gain from selling two vessels.The marine shipping and bulk-cargo transportation provider on Friday posted net income of 54.2 million Canad…