Canadian transportation company Vitran Corp reported a less quarterly loss, backed by reduced loss from operations at its less-than-truckload segment.

The company managed to reduce its net loss for the fourth quarter to $2.3 million, or 14 cents a share, compared with a loss of $79.0 million, or $5.85 a share, a year ago and increased revenue by about seven per cent over the year-earlier period, the freight carrier and Logistics Company posted on Monday.

Also, its revenue witnessed a 7 percent rise to $165.0 million.