TFI profits jump by 33 percent in first quarter
Canadian transportation company reports strong performance across businesses following record 2018.
Canadian transportation company reports strong performance across businesses following record 2018.
Deal will grow U.S. last-mile business and add $100 million in annual revenue, Canadian transportation firm says.
Aulick and ShirAul were “a compelling strategic fit for our Specialized Truckload growth objectives in the U.S,” says CEO Alain Bédard.
Alain Bédard says Canadian transport giant expects growth and acquisitions to continue on both sides of border.
Canadian TFI saw revenues and income surge in its truckload segment, while margins improved.
Acquisition of bulk transporter will grow Canadian TFI’s tanker presence in the United States.
TFI International Inc. wants to expand its last-mile business with the assets of U.S. courier BeavEX, which is seeking bankruptcy protection.
Even the Port’s director agrees something needs to be done; East Coast port notches new record; ATA crows about California victory.
TFI International the Montreal, Canada-based transport and logistics company, has made two significant personnel announcements this week, including a new executive vp of U.S. Truckload.