TFI International Inc. (TFII) News
Filter TFII News Items
TFII News Results
| Date | Symbol | Company | Title | Start | End | Change | POWR Rating | ||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
TFII News Highlights
- For TFII, its 30 day story count is now at 13.
- Over the past 18 days, the trend for TFII's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- The most mentioned tickers in articles about TFII are PAY, DEC and DSKE.
Latest TFII News From Around the Web
Below are the latest news stories about TFI INTERNATIONAL INC that investors may wish to consider to help them evaluate TFII as an investment opportunity.
TFI International Inc. (TFII) Surges 8.1%: Is This an Indication of Further Gains?TFI International Inc. (TFII) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
Are Investors Undervaluing TFI International Inc. (TSE:TFII) By 36%?Key Insights Using the 2 Stage Free Cash Flow to Equity, TFI International fair value estimate is CA$276 Current share... |
CANADA STOCKS-TSX climbs to 18-month high ahead of Christmas breakCanada's main stock index rose to an 18-month high on Friday, with the index posting broad-based gains ahead of the Christmas holiday weekend as cooling U.S. inflation bolstered investor hopes of a soft landing for the economy. The Toronto Stock Exchange's S&P/TSX composite index ended up 115.46 points, or 0.6%, at 20,881.19, its highest closing level since June 2022. It is set to be closed on Monday and Tuesday for Christmas Day and Boxing Day, respectively. |
Trucker TFI Is Buying Flatbed Heavyweight Daseke for About $386 MillionTFI International is buying trucking company Daseke in an all-cash deal for about $386 million that will make the company the largest operator by revenue of flatbed rigs targeting the construction industry. Montreal-based TFI will pay $8.30 a share for Daseke, a 69% premium to the closing stock price on Thursday, and will assume debt that will bring the total value of the deal to $1.1 billion. Based on an outstanding share count of about 46.5 million, the agreement values Addison, Texas-based Daseke at about $386 million. |
TFI buying Daseke for $1.1B, contemplating spinoff of truckload unitTFI International entered an agreement to acquire flatbed carrier Daseke and said it’s exploring a spinoff of its truckload business. The post TFI buying Daseke for $1.1B, contemplating spinoff of truckload unit appeared first on FreightWaves. |
Canadian Trucker TFI to Buy Daseke for $1.1 Billion(Bloomberg) -- TFI International Inc., a Canadian trucker that has been growing through acquisitions, agreed to purchase Daseke Inc. for $1.1 billion including debt. Most Read from BloombergChina Is Softening Stance on Gaming After $80 Billion RoutBank of Russia Governor Says She Is Bracing for More SanctionsEthiopia Fails to Pay Coupon, Becoming Latest African DefaulterManchester United Saga Ends With $1.3 Billion Ratcliffe DealQuantum Computing Is Finally Here. But What Is It?TFI will pay $8.3 |
UPDATE 3-Canadian logistics firm TFI International to buy Daseke in $1.1 bln dealCanadian logistics company TFI International said on Friday it would buy Daseke , an operator of flatbed and specialized trailers, in a $1.1 billion deal, including debt, to scale up its truckload business. TFI agreed to pay $8.30 in cash for each share of Daseke, representing a premium of 69% on Daseke's closing price on Dec. 21. The combined company's truckload segment is expected to generate about $3.6 billion in annual total revenue on a proforma basis and would become one of the largest truckload businesses in Canada, TFI said. |
Canadian logistics firm TFI International to buy Daseke in $1.1 billion dealTFI agreed to pay $8.30 in cash for each share of Daseke, representing a premium of 69% on Daseke's closing price on Dec. 21. The combined company's truckload segment is expected to generate about $3.6 billion in annual total revenue on a proforma basis and would become one of the largest truckload businesses in Canada, TFI said. TFI said while its immediate focus would be on improving Daseke's financial results, it also, in the medium term, plans to explore the benefits of separating the combined entity into two listed companies. |
TFI International Agrees to Acquire Daseke for $8.30 in Cash per Common ShareMONTREAL, Dec. 22, 2023 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced it has agreed to acquire Daseke, Inc. (“Daseke”, NASDAQ: DSKE), one of the leading flatbed and specialized transportation and logistics companies in North America, for $8.30 in cash per common share. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close during t |
TFI International Declares Quarterly DividendMONTREAL, Dec. 18, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, declared a quarterly dividend of US $0.40 per outstanding common share of its capital payable on January 15, 2024 to shareholders of record at the close of business on December 29, 2023. ABOUT TFI INTERNATIONAL TFI International Inc. is a North American leader in the transportation and logistics industry, operatin |