Canada’s CERF Ups Revenues in Third Quarter

CERF Inc., parent company to Edmonton, Alberta, Canada-based 4-Way Equipment Rental, reported an 18-percent increase in revenue for the third quarter, including revenues of $2.8 million and $1 million resulting from the acquisitions of Winalta Inc. and the assets acquired from Empire Tool, compared to the same period a year ago.

For the first nine months of 2014, revenue increased 9 percent to $37.4 million compared to the year-ago period. The increase was largely the result of increases in CERF’s Oilfield Rentals segment. However, the increase was partly offset by lower revenue in the company’s Waste Management segment.