TFI International reported record third-quarter financial results on Thursday even as the performance of its U.S. LTL operation, formerly known as UPS Freight, took a slight dip.
The Montreal-based company beat analysts’ estimates by seven cents with an adjusted net income of $138.9 million or $1.46 per diluted share, according to Seeking Alpha. Revenue came in at just under $2.1 billion, in line with estimates.
TFI’s (NYSE:TFII) U.S. LTL operation, rebranded as TForce Freight, didn’t quite live...
https://www.freightwaves.com/news/tfi-has-strong-q3-but-tforce-freight-margins-weaken