TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes
Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.
TFI Reports Lower Income, Revenue
TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.
TFI International Posts Large Profit, Revenue Gains
TFI International more than doubled its first-quarter profit as it capitalized on solid freight demand and the integration of the UPS Freight operations it acquired last year.
UPS Freight Acquisition Fuels TFI’s Q4 Growth
TFI International reported gains in fourth-quarter and annual net income and revenue, helped by its acquisition of the UPS Freight operation.
TFI Reports 124% Jump in Revenue for Q3
TFI International saw adjusted net income increase 59% during the third quarter of 2021, the company reported Oct. 28.
UPS Freight Purchase Powers TFI to Q2 Gains
TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation.
TForce Logistics Expands Regional Last-Mile Delivery in Texas
The TFI International operating company, TForce Logistics, launched a regional e-commerce network in Texas, the company announced July 20.
July 22, 2021TFI International Completes UPS Freight Acquisition
TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30.
TFI Posts Increases in Profit, Revenue in Q4
TFI International Inc. reported an increase in both profits and revenue in the fourth quarter as it works toward completion of its acquisition of UPS Freight, the less-than-truckload and dedicated truckload divisions of UPS Inc., later this year.
TFI Buys UPS Freight for $800 Million
TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.