Truck News

  • News Uncategorized

    Electric trucks already deliver ROI, says Lion founder

    March 19, 2019 12:00AM by John G Smith

    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.”

  • News Uncategorized

    Bedard warns against adding capacity

    May 4, 2018 12:00AM by Steve Bouchard

    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.

  • News Uncategorized

    Normandin Transit sells to TFI International

    April 3, 2018 12:00AM by John G Smith

    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.

  • News Uncategorized

    TFI losing CFO to retirement

    January 18, 2018 12:00AM by John G Smith

    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 and executive vice president since 2015, and had spent 10 years

  • News Uncategorized

    TFI encouraged by U.S. truckload gains

    October 28, 2017 12:00AM by John G Smith

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

  • News Uncategorized

    Overall TFI revenue up, but TL drags

    July 28, 2017 12:00AM by John G Smith

    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.

  • News Uncategorized

    Slow U.S. truckload business dampens TFI results

    April 26, 2017 12:00AM by John G Smith

    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.