Vitran reported a net loss of $0.9 million, or $0.06 per diluted share, on revenues of $165.9 million for the quarter ended March 31, 2010. In the comparable 2009 three-month period, the Company recorded a net loss of $2.4 million, or $0.17 per diluted share on revenue of $139.6 million. The fluctuation in fuel surcharge and foreign exchange on Vitran's Canadian operations accounted for $13.1 million of the revenue increase for the first quarter of 2010 compared to the first quarter of 2009.
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