TFI International plans to shut down four terminals at the former UPS Freight operation and the CEO signals more to come as the company targets costs.
TFI International fails to replicate early herculean improvement at ex-UPS Freight as operating ratio weakens slightly in record third-quarter financial results.
TFI International is working to hire more truck drivers at TForce Freight as it cuts salespeople amid a push to rebuild the UPS legacy operation.
TFI International’s hard line on unprofitable UPS Freight legacy business is helping accelerate the LTL carrier’s turnaround – and it’s just getting started
The CEO of TFI International suggests the Canadian firm is looking to grow its relationship with UPS beyond its $800 million acquisition of UPS Freight.
TFI International CEO says it will take a hard line on UPS Freight customers who aren’t making the company money after its $800 million acquisition closes.
TFI International reports a large jump in Q3 profits as strong performance from e-commerce heavy-logistics business and wage subsidies make up for weakness in truckload and LTL.
TFI International says it will acquire DLS Worldwide from RR Donnelley for $225 million in a major acquisition that will expand the Canadian company’s U.S. logistics business.
TFI International raised nearly $219 million in a share offering. It puts the transportation and logistics company in a stronger position to pursue acquisitions in the U.S. and Canad
Canada’s largest transportation company reveals cutbacks as it reports a 16% jump in profits during the first quarter.
Proceeds could give Canada’s largest transportation company more firepower to pursue acquisitions as it prepares to make a big leap into capital markets south of the border.
Canadian transportation company delivers impressive performance in weak freight market as it finishes 2019 with 20% increase in operating income on strength of its truckload and logistics businesses.
Automaker reducing output and laying off about 450 workers at Oakville, Ontario, facility as its phases out Ford Flex and Lincoln MKT models, adding to woes of Canada’s auto sector.
Canadian firm’s earnings report reveals August purchases of Quebec cross-border carrier Craler and Georgia-based logistics provider
Canadian and U.S. trucking units continue to squeeze revenue and profits from uneven freight market as LTL and last-mile deliver uneven performance.
CEO Alain Bedard lauds “magic” of its American trucking business ability to shore up efficiency in challenging freight environment.
Canadian transportation firm reports a 13 percent increase in net income, helped in part by improved performance from its U.S. truckload businesses.
Canada’s largest transportation and logistics company releases second-quarter results on July 25.
Kal Atwal becomes executive vice president as Canadian transportation and logistics company integrates bankrupt courier BeavEx’s business.
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