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The carrier is looking into adding a nonunion LTL carrier for around C$200 million, or $142 million at current exchange rates, CEO Alain Bédard said.
TFI’s second quarter were notable for how strong its truckload operations performed. The post TFI first look: truckload shines, LTL doesn’t keep up appeared first on FreightWaves.
TFI International envisions rolling out autonomous trucks as part of its U.S. less-than-truckload linehaul business in 2027, according to a key executive.
Truckload’s performance at TFI International far outstripped LTL in Q2. The post Tale of 2 segments at TFI: LTL steady, Truckload soaring appeared first on FreightWaves.
The truckload unit again drove results at the Montreal-based carrier in the second quarter of 2026 as the freight market rebounded.
TFI is working with an as-yet-undisclosed autonomous truck developer ahead of the technology’s introduction in LTL linehaul and then perhaps wider use.
TFI’s less-than-truckload US subsidiary is working to reduce a surge in freight volumes blamed on low “blanket pricing” offered to 3PLs that wound up costing it money.
For June, the most recent month for which data is available, the TCI reading came in at 17.4, which came in below May’s 20.4, an all-time high for the TCI—which was preceded by Apr...
I Squared Capital (“I Squared”), a leading independent global infrastructure investor, announced it has entered into a definitive agreement to sell a 25% minority interest in TIP G...
Forward Air will retain at least 50% of the business of a longtime customer that accounted for around 10% of the motor carrier and logistics business’ revenue.
Total quarterly shipments saw a sequential 8.8% increase, to 1.55 million, and were up 4.8% annually, marking the fourth consecutive quarter of annual growth. Total revenue was up...
This week, Trimac Transportation announced the acquisition of a major food-grade bulk logistics provider headquartered in Ripon, California. On August 4, Calgary-headquartered Trim...
Trimac Transportation acquired food-grade bulk carrier California Freight for an undisclosed sum, its second acquisition in the Golden State in two years.
Triple Diamond Truck and Trailer Repair is an MTO-certified commercial truck and trailer maintenance and repair provider. The post Amerit Fleet Solutions expands Canadian footprint...
Less-than-truckload carrier TP Freight Lines failed to make payroll and has suspended operations, a memo from the Teamsters said. The post Teamsters reveal TP Freight’s sudden shut...
Acertus, a finished vehicle transportation provider, has announced its acquisition of Fisher Shipping. The post Acertus expands with Fisher Shipping acquisition appeared first on F...
Amerit Fleet Solutions expanded its fleet maintenance network through the acquisitions of Kirk NationaLease and Truck & Trailer Parts Solutions.
Exchange Income Corp. (TSX:EIF) is a monthly dividend payer that has been soaring in recent years. The post A Strong TFSA Stock Offering a 2.2% Yield and Monthly Paycheques appeare...
Federated Mutual Insurance Company has acquired commercial trucking insurance provider High Definition Vehicle Insurance (HDVI). Based in Chicago, HDVI specializes in telematics-dr...
I’m in quite a tight spot right now and I can’t be the only one who’s ever went through this. I currently have an Alberta ( Canada ) drivers license and will not be getting a US o...
Paper Transport (PTI) announced today that it is evaluating the Tesla Semi Long Range in dedicated operations in the Chicago market, becoming the latest fleet to put Tesla’s electr...
When FreightWaves launched the AI Excellence in Supply Chain Awards, the goal was to cut through the noise of an industry where “AI” has become a marketing buzzword slapped on ever...
For Gatik, the investment is a clear sign that the autonomous trucking industry is moving past the trial-and-error stage and into an era of highway deployment with major shippers i...
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