Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.

TFI’s overall revenue in Q1 totaled $1.964 billion, up 5% compared with $1.871 billion a year earlier. The company’s truckload division posted revenue of $662.9 million, compared with $397.7 ...

TFI International plans to move its legal registration to the U.S. from Canada, a potential blow for the Canadian economy as companies consider whether to move operations southward amid President ...

TFI International said it would keep its corporation status in Canada, reversing a plan revealed just five days ago to redomicile to the U.S. The Montreal company, which operates transportation ...

Bédard and his team said TFI, which ranks seventh on the 2024 FleetOwner list of top for-hire carriers, produced net income of $201 million on total revenue of $1.87 billion in the first three ...

In all, TFI’s adjusted operating ratio climbed to 91.2% in the fourth quarter from less than 88% in late 2023. That lifted its full-year ratio to 89.9% from 88.4% in 2023. Saia Inc.

Summary. TFI International is undervalued, trading at 7.8x EV/EBITDA, significantly below peers like Old Dominion Freight Line and XPO Inc. Despite a tough freight market and tariff impacts, TFI ...

TFI International Inc., one of North America’s largest trucking companies, says US President Donald Trump’s trade war is exacerbating the freight industry’s difficult outlook, and that it ...

TFI International, Inc. faces some market challenges today. But its profitability, robust cash flow, and cross-border presence can help it lower risks and even use them to its advantage.