Alain Bedard, the CEO of TFI International, has never been shy about discussing the problems of his U.S. LTL operations, which the company built from the acquisition of UPS Freight in 2021. On a previous earnings call with analysts, he said the U.S. LTL operations of TFI were“too fat.” On another call, he called some […]
The sequential numbers at TFI in the second quarter were taken as positive by the investment community.
The fourth quarter was a “disaster” at TFI International, and its CEO gave an update on how the Daseke acquisition is doing.
LTL executives highlight shippers moving spillover LTL freight to full truckload amid market weakness and low rates.
Daseke, known primarily for its flatbed operations, is now part of TFI International.
Canadian transport and logistics provider TFI International plans to spin off Daseke as a separate company sometime in 2025.
TFI International entered an agreement to acquire flatbed carrier Daseke and said it’s exploring a spinoff of its truckload business.
Flatbed carrier Daseke reported an in-line third-quarter result Thursday but reduced its full-year guidance.
Texas-based flatbed carrier Daseke does not expect to see improvement in the freight market the rest of the year.
Daseke pulled in its full-year 2023 outlook on Tuesday as the freight market has failed to yield normal springtime demand improvements.
Daseke said Monday that supply constraints and cost inflation will again push flatbed rates to new highs in 2025.
For a series of convoluted reasons, a ratings agency has changed its outlook on flatbed operator Daseke.
Flatbed trucking company Daseke announced Monday it is repurchasing the nearly 30% stake in the company held by its founder.
Flatbed hauler Daseke said its trucks remain “booked solid” and that it will look to use cost and efficiency initiatives to improve results again in 2023.
Flatbed carrier Daseke said Friday it would repurchase $40 million in stock, following an April request from an activist investor to do so.
Daseke announced Friday a transition at the CFO position and that it expects to achieve its previously announced 2022 financial targets.
Flatbed operator Daseke saw its debt rating upgraded by S&P Global Ratings.
Daseke officials expect strong demand from industrial customers like Caterpillar to help the company grow revenue up to 15% by the end of the year. (Photo: Jim Allen/FreightWaves)
Management from flatbed provider Daseke said April was “strong,” a continuation of the better-than-expected performance it recorded in the first quarter.
Flatbed truck operator Daseke is being told it should buy back its own stock in light of recent declines in its price.
