TFI International Inc. Chairman, President and CEO Alain Bédard said Monday that the Montreal-based transport conglomerate has not discussed a merger or acquisition with the U.S.-based less-than-truckload carrier Arcbest Corp. (NASDAQ: ARCB), though Bédard said that TFI owns a small percentage of Arcbest shares and sees opportunities to collaborate operationally.
Bédard said the Arcbest holdings represent a strategic investment for TFI (NYSE: TFII). For example, as TFI purges some of the...
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