Mientras que el tema de la llamada de ganancias del cuarto trimestre de TFI International fue como el del tercer trimestre -Sus operaciones de carga menos que la carga de camión están luchando años después del Adquisición de Freight UPS – El CEO Alain Bedard también dirigió su atención sobre cómo...
TForce Freight
TFI acknowledges US LTL ‘disaster’ and difficult Daseke integration in Q4
While the theme of TFI International’s fourth-quarter earnings call was much like that of the third quarter – its U.S. less-than-truckload operations are struggling years after the acquisition of UPS Freight – CEO Alain Bedard also turned his attention to how things are going at another high-profile acquisition: Daseke.
Bedard summed up the overall performance on the call with analysts: “Q4 was a disaster for us,” he said.
But that comment was mostly reflecting on the U.S. LTL operations, the...
TFI’s Bedard: Buying UPS’ LTL operations was not a mistake
(An initial recap of TFI International’s financial data from its third quarter earnings report can be found here.)
Alain Bedard, the CEO of TFI International, assured analysts on the company’s earnings call Tuesday that he wasn’t sorry the company bought less-than-truckload carrier UPS Freight in early 2021.
“If you asked me the question, ‘Hey, you think that you made a mistake with this purchase?’” Bedard said, “Not at all.”
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https://www.freightwaves.com/news/tfis-bedard-buying-ups-ltl-operations-was-not-a-mistake
Labor 2023: A lot of noise but few strikes
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For all the hand-wringing about the potential for labor disturbances across multiple modes, the year...
https://www.freightwaves.com/news/labor-2023-a-lot-of-noise-but-few-strikes
Annual LTL GRIs slightly ahead of schedule
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Less-than-truckload carrier Old Dominion Freight Line announced Monday it will implement a 4.9%...
https://www.freightwaves.com/news/annual-ltl-gris-slightly-ahead-of-schedule
At TFI’s US LTL unit, cost reduction trumps all
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At TFI International Inc.’s (NYSE: TFII) still-struggling U.S. less-than-truckload business, TForce...
https://www.freightwaves.com/news/at-tfis-us-ltl-unit-cost-reduction-trumps-all
TFI seeing shipment influx in wake of Yellow’s demise
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The head of international transport and logistics company TFI International (NYSE: TFII) said...
https://www.freightwaves.com/news/tfi-seeing-shipment-influx-in-wake-of-yellows-demise
TFI posts weaker top-, bottom-line results in Q2
Canadian transport company TFI International (NYSE: TFII) on Monday reported revenue, including fuel surcharges, of $1.79 billion in the second quarter, down from $2.42 billion in the 2022 quarter as weaker volumes ate into its top line.
Operating income was halved to $192.4 million from $391 million, while adjusted diluted earnings per share dropped to $1.59 from $2.61 per share, and below analyst consensus of $1.71-$1.73 a share.
Adjusted net income of $138.9 million was below the $276.8...
https://www.freightwaves.com/news/tfi-posts-weaker-top-bottom-line-results-in-q2
TForce, Teamsters reach tentative 5-year contract
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TForce Freight Inc., an operating less-than-truckload company of TFI International Inc. (NYSE and...
https://www.freightwaves.com/news/tforce-teamsters-reach-tentative-5-year-contract
Comienza el ruido de choque de espadas antes de las negociaciones laborales de LTL
Los jefes sindicales dicen que están preparados para una lucha de cara a las negociaciones laborales con los transportadores de carga fraccionada ABF Freight y TForce Freight. En un comunicado de prensa emitido el viernes, la organización deja claro a sus bases que será “militante” y “conseguirá acuerdos lucrativos” en su nombre.
La International Brotherhood of Teamsters dijo que su brazo negociador se reunió en Washington el viernes para revisar las propuestas antes de las negociaciones con...