UPS hit with SEC fine over its internal valuation of UPS Freight before TFI sale
UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI.
UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI.
TFI CEO Bedard said on an analyst call that he wasn’t sorry the company bought UPS Freight, but he was plainspoken about its issues.
Canadian transport and logistics company TFI International’s third-quarter earnings missed consensus forecasts by 18 cents per share.
Susquehanna Financial Group analyst Bascome Majors cut his earnings forecasts for less-than-truckload carriers following a soft August.
TFI International has acquired food-grade tank hauler Entreposage Marco for an undisclosed sum.
LTL executives highlight shippers moving spillover LTL freight to full truckload amid market weakness and low rates.
In this edition: The dream that may or may not come true under the FTC’s new rule, and TFI International wants heavier freight.
TFI CEO Alain Bedard thinks the company’s U.S. LTL operations are booking too much light freight.
Daseke, known primarily for its flatbed operations, is now part of TFI International.
TFI International has acquired less-than-truckload carrier Hercules Forwarding, which generates over $100 million in revenue each year.
Canadian transport and logistics provider TFI International plans to spin off Daseke as a separate company sometime in 2025.
TFI International’s EPS in 2024 will be at least $7 a share, CEO Alain Bédard says
Labor peace was won at what will be higher costs for shippers and carriers.
TFI International entered an agreement to acquire flatbed carrier Daseke and said it’s exploring a spinoff of its truckload business.
Two subsidiaries of trucking conglomerate TFI International have been sued by the EEOC over alleged discrimination against two gay employees who ultimately were fired.
TFI International has acquired food-grade tanker carrier Vedder Transportation Group.
Using an asset-light model, JHT delivers new trucks to dealerships and customers.
Yellow’s demise is a “huge benefit for our industry,” TFI International CEO Bedard says.
Volume declines ate into TFI International’s revenue in the second quarter.
A collective bargaining agreement between TForce Freight and the Teamsters comes 18 days before the current contract expires.