TFI acquires CCC Transportation from Comcar
Canadian trucking and logistics firm TFI International buys U.S. bulk carrier CCC Transportation, its third acquisition from bankrupt Comcar Industries.
Canadian trucking and logistics firm TFI International buys U.S. bulk carrier CCC Transportation, its third acquisition from bankrupt Comcar Industries.
TFI International has agreed to acquire APPS Transport Group in a move that will bolster one of the company’s weak links: its Canadian less-than-truckload business.
In today’s edition of The Daily Dash, prosecutors have indicted 11 for staging truck accidents. Plus, Mike Boeglin’s widow is still searching for answers in her husband’s murder, and TFI International is hit by a ransomware attack.
Hacking group posts files purportedly stolen from Canpar Express after ransomware attack targets TFI International’s Canadian parcel and courier subsidiaries.
A ransomware attack has hit TFI International’s four Canadian courier divisions, targeting Canpar Express, ICS Courier, Loomis Express and TForce Integrated Solutions.
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
In today’s edition of The Daily Dash, a group has studied mileage-based user fees and found some unexpected results, plus more HOS exemptions and a better way to price insurance.
TFI International announces share offering that could raise more than $200 million and give the Canadian firm additional firepower for more acquisitions.
With possible permanent loss of some of its retail base, TFI will need to take steps that may include acquisitions, the company’s CEO said.
Acquisition for TFI is fourth in the last two months
Earnings per share exceed analyst forecasts
Several other companies cited in overall bullish report
TFI International grows U.S. specialty businesses with CT Transportation in second acquisition from bankrupt Comcar industries.
TFI International has acquired most of the assets of MCT Transportation from bankrupt carrier Comcar Industries.
TFI International says it completed its acquisition of Gusgo Transport in a deal that adds a small Canadian container trucking and storage company.
TFI International acquiring Gusgo Transport, a small Canadian trucking company specializing in hauling and storing containers.
Recent stabilization in truckload markets with a recovery expected later in the year were some of the takeaways from Wolfe Research’s investor conference.
The transportation and warehousing sector sheds 10.4% of employees in April as Canadian Trucking Alliance calls for additional federal aid.
As a plunge in freight volumes and rates take a toll, Canada’s trucking industry seeks relief on payroll taxes to hold on to precious cash.
Canada’s largest transportation company reveals cutbacks as it reports a 16% jump in profits during the first quarter.