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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.
LRT Capital Management, an investment management firm, published its first-quarter 2021 investor letter – a copy of which can be downloaded here. A net return of +5.12%% was recorded by the LRT Economic Moat strategy for the Q1 of 2021, while the LRT Market Neutral strategy returned +2.4% for the same period. You can view the […]
TFI International Inc.'s (TSE:TFII) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
TFI International's (TSE:TFII) stock is up by a considerable 16% over the past month. Given that the market rewards...
MONTREAL, April 30, 2021 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) divisions of United Parcel Service, Inc. (NYSE: UPS), for US$800 million on a cash-free, debt-free basis before working capital and other adjustments. As previously stated, approximately 90% of the acquired business will operate independently within TFI International’s LTL business segment under its new name, “TForce Freight”, while acquired dedicated TL assets will join TFI’s TL business segment. ABOUT TFI INTERNATIONAL TFI International Inc. is a North American leader in the trans...
TFII earnings call for the period ending March 31, 2021.
Under the guidance of CEO Alain Bedard, TFI International Inc. ( TSE:TFII ) has performed reasonably well recently. As...
At Insider Monkey, we pore over the filings of nearly 887 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of December 31st. In this […]
TFI International (TFII) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Canadian trucking and logistics company Mullen Group Ltd. (OTC: MLLGF) announced Monday it has entered into a letter of intent to acquire Canadian less-than-truckload (LTL) and intermodal carrier APPS Transport Group Inc. and its business units, APPS Cartage Inc. and APPS Cargo Terminals. The parties expect to close on the deal June 1. In the announcement, Murray K. Mullen, chairman and CEO of Mullen Group, expressed excitement that Rob McDonald, the founder of APPS Transport Group, will remain in his current role, as APPS will operate as a stand-alone entity. "Massive companies, such as Amazon, are capitalizing on the emergence of e-commerce, which is rapidly becoming a dominant customer trend. We know we must adapt which is why we are joining together. We will be better positioned, no...
RBC Capital Stick to Their Buy Rating for TFI International
Cowen & Co. Stick to Their Buy Rating for TFI International