Electric trucks already deliver ROI, says Lion founder

ATLANTA, Ga. – Most of the fleets linked to the Technology and Maintenance Council (TMC) still work with diesel-powered trucks, but Marc Bedard arrived with a message for them this morning: "The business case for electric makes sense."

Bedard warns against adding capacity

LA MALBAIE, Que. – Alain Bedard, chief executive officer of TFI International, is emphasizing the value of a stable workforce -- and warning carriers to avoid the temptation of adding capacity at a time when the demand for transportation is exceptionally strong.

Normandin Transit sells to TFI International

MONTREAL, Que. – TFI International has purchased Normandin Transit, one of the highest-profile fleets in Quebec. The Napierville operation had grown to 300 tractors and 1,000 trailers since being founded in 1988, and offered LTL and truckload services across North America. It will now run as a unit within TFI’s LTL operating segment but will continue to be led by siblings Danielle and André Normandin.

TFI losing CFO to retirement

MONTREAL, QC – TFI International has announced that Gregory Rumble, its executive vice president and Chief Financial Officer, will retire in April 2019. Rumble has been Chief Financial Officer…

TFI encouraged by U.S. truckload gains

MONTREAL, QC - TFI International believes recent improvements in the U.S. truckload market will allow it to increase contract renewal rates through 2018.

Overall TFI revenue up, but TL drags

MONTREAL, QC - TFI International saw a 23% boost in revenue in the second quarter of 2017, reaching $1.12 billion - but Canada's largest carrier still posted a $47.2 million operating loss because of a $129.8 million goodwill write-off of U.S. truckload operations.

Slow U.S. truckload business dampens TFI results

MONTREAL, QC - TFI International remains "cautiously optimistic" about the North American economy because of low unemployment, healthy consumer spending, and a bit of a rebound in energy-related investments, says Alain Bedard, chairman, president and Chief Executive Officer. The company just doesn't expect any significant improvement before the end of the year.