With revenue at TFI International ever more dependent upon its activities in the less-than-truckload sector, it is no surprise that was CEO Alain Bedard’s main focus for much of the company’s earnings call with analysts.
The call was entirely Bedard; no other TFI (NYSE: TFII) executives joined in, unusual in any industry.
TFI’s U.S. LTL operations sported a second-quarter operating ratio above 90%, and LTL accounted for 42% of company revenue, so it drew most of Bedard’s attention – and critique.
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