Mullen Group is gearing up for what it expects to be a record year.
In a 2026 business plan, the company said all 42 business units are positioned to outperform last year with the benefit of acquisition-related revenue. The company also indicated many sectors of the trucking industry are in the early stages of a tightening cycle, thanks to shifts in supply and demand.
The Canadian economy is expected to show modest year-over-year growth, which should help boost freight demand and pricing.
Also, Mullen Group noted “There appears to be a shift in Canada’s position as it relates to resource development.” The company is encouraged by messaging around “nation-building projects” while noting there’s a time lag between messaging and true economic growth.
And Mullen Group feels there will be opportunities to acquire profitable businesses or competitors.
“In summary, we are optimistic that 2026 will be a record year for our organization,” the company said in its business plan. “But we are also mindful that the markets can remain competitive for extended periods, reinforcing the need to prudently manage all costs, along with investing in new technologies, like robotics and data management tools, to improve productivity.”
This comes on the heels of a very difficult 2025. The company said trade disputes and tariff issues delayed investment decisions in the private sector. Economic growth was stagnant and, the company says, “it was a year punctuated by a lot of promises but very little action.”
Still, the company anticipates total revenues will come in at $2.1 billion, in line with expectations. This year it eyes revenues of $2.3-$2.4 billion.
The company’s 2026 priorities include: prioritizing margin over market share; pursuing acquisitions; and investing in technology.
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