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...

https://www.freightwaves.com/news/comienza-el-ruido-de-choque-de-espadas-antes-de-las-negociaciones-laborales-de-ltl

Saber-rattling begins ahead of LTL labor negotiations

Union heads say they are prepared for a fight heading into labor negotiations with less-than-truckload carriers ABF Freight and TForce Freight. In a Friday news release, the organization made clear to its rank and file it would be “militant” and “secure lucrative agreements” on their behalf.

The International Brotherhood of Teamsters said its negotiating arm met in Washington on Friday to review proposals ahead of negotiations with TForce Freight, a TFI International (NYSE: TFII) company.

The...

TFI podría buscar un enfoque diferente en las próximas conversaciones de los Teamsters para el contrato de TForce Freight

A dark brown tractor-trailer with the logos of TForce Freight and UPS on the tractor, and the logos UPS and UPS Freight on the trailer.

El jefe de TFI International ha adoptado lo que parece ser un enfoque novedoso para las negociaciones del contrato del próximo año con el sindicato de los Teamsters, y puede no sentar bien a la dirección de los Teamsters.

Alain Bédard, presidente y consejero delegado del gigante del transporte con sede en Montreal, insinuó el viernes que quiere prescindir de una estructura salarial uniforme a nivel nacional para los trabajadores del transportista LTL TForce Freight, la antigua UPS Freight que...

https://www.freightwaves.com/news/tfi-podria-buscar-un-enfoque-diferente-en-las-proximas-conversaciones-de-los-teamsters-para-el-contrato-de-tforce-freight

TFI may seek different approach to upcoming Teamsters talks

TFI International’s boss has taken what appears to be a novel approach to next year’s contract negotiations with the Teamsters union, and it may not sit well with Teamsters leadership.

Alain Bédard, chairman, president and CEO of the Montreal-based transport giant, hinted Friday that he wants to dispense with a uniform nationwide wage structure for workers at LTL carrier TForce Freight, the former UPS Freight which TFI (NASDAQ: TFII) acquired from UPS Inc. (NYSE: UPS) in January 2021 for $800...

https://www.freightwaves.com/news/tfi-may-seek-different-approach-to-upcoming-teamsters-talks

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