Mixed picture for TFI: Net income down, OR in key segments up

Canada’s TFI International posted a decline in most key financial metrics in the second quarter of this year, though its truckload (TL) and less-than-truckload (LTL) divisions posted gains in their operating ratio.

Overall, the company’s net income of C$69.7 million (US$52.27 million) was down from C$100.2 million in the second quarter of 2020. Total revenue during that period dropped to C$1.1 billion from $1.33 billion, and operating income for the company as a whole declined to C$131.5 million...

https://s29755.pcdn.co/news/mixed-picture-for-tfi-net-income-down-or-in-key-segments-up

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