The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, short seller Hindenburg Research continued to lob allegations of wrongdoing at Nikola Corp. Plus, OOIDA said it will renew its push for more funds for truck parking when the next Congress convenes, and TFI International expands its […]
TFI International says it will acquire DLS Worldwide from RR Donnelley for $225 million in a major acquisition that will expand the Canadian company’s U.S. logistics business.
Canadian trucking and logistics firm TFI International buys U.S. bulk carrier CCC Transportation, its third acquisition from bankrupt Comcar Industries.
TFI International has agreed to acquire APPS Transport Group in a move that will bolster one of the company’s weak links: its Canadian less-than-truckload business.
In today’s edition of The Daily Dash, prosecutors have indicted 11 for staging truck accidents. Plus, Mike Boeglin’s widow is still searching for answers in her husband’s murder, and TFI International is hit by a ransomware attack.
Hacking group posts files purportedly stolen from Canpar Express after ransomware attack targets TFI International’s Canadian parcel and courier subsidiaries.
A ransomware attack has hit TFI International’s four Canadian courier divisions, targeting Canpar Express, ICS Courier, Loomis Express and TForce Integrated Solutions.
TFI International raised nearly $219 million in a share offering. It puts the transportation and logistics company in a stronger position to pursue acquisitions in the U.S. and Canad
In today’s edition of The Daily Dash, a group has studied mileage-based user fees and found some unexpected results, plus more HOS exemptions and a better way to price insurance.
TFI International announces share offering that could raise more than $200 million and give the Canadian firm additional firepower for more acquisitions.
With possible permanent loss of some of its retail base, TFI will need to take steps that may include acquisitions, the company’s CEO said.
Acquisition for TFI is fourth in the last two months
Earnings per share exceed analyst forecasts
Several other companies cited in overall bullish report
TFI International grows U.S. specialty businesses with CT Transportation in second acquisition from bankrupt Comcar industries.
TFI International has acquired most of the assets of MCT Transportation from bankrupt carrier Comcar Industries.
TFI International says it completed its acquisition of Gusgo Transport in a deal that adds a small Canadian container trucking and storage company.
TFI International acquiring Gusgo Transport, a small Canadian trucking company specializing in hauling and storing containers.
Recent stabilization in truckload markets with a recovery expected later in the year were some of the takeaways from Wolfe Research’s investor conference.
The transportation and warehousing sector sheds 10.4% of employees in April as Canadian Trucking Alliance calls for additional federal aid.
As a plunge in freight volumes and rates take a toll, Canada’s trucking industry seeks relief on payroll taxes to hold on to precious cash.
Canada’s largest transportation company reveals cutbacks as it reports a 16% jump in profits during the first quarter.
Canadian transportation company puts its money to work after raising $230 million in U.S. IPO as it works to grow its logistics business.
Stock in Canadian transportation company trades more than 7% above offering price after CEO Alain Bedard rings opening bell on New York Stock Exchange.
Canada’s largest transportation company looks to raise nearly $200 million as it prepares to offer 6 million shares in the United States.
Proceeds could give Canada’s largest transportation company more firepower to pursue acquisitions as it prepares to make a big leap into capital markets south of the border.
Canadian transportation company delivers impressive performance in weak freight market as it finishes 2019 with 20% increase in operating income on strength of its truckload and logistics businesses.
Ontario Trucking Association lauds crackdown by province’s workers’ compensation agency on companies that skirt payroll deductions by misclassifying drivers. But the OTA calls on Canada’s federal government to do more.
Automaker reducing output and laying off about 450 workers at Oakville, Ontario, facility as its phases out Ford Flex and Lincoln MKT models, adding to woes of Canada’s auto sector.
CEO Alain Bedard says company may buy more firms in the United States as it looks to bolster underperforming logistics and final mile units and clean up market.
CEO of Canada’s largest transportation and logistics company pushes for crackdown as carriers with dubious labor practices place unprecedented pressure on truckload business
Canadian firm’s earnings report reveals August purchases of Quebec cross-border carrier Craler and Georgia-based logistics provider
Canadian and U.S. trucking units continue to squeeze revenue and profits from uneven freight market as LTL and last-mile deliver uneven performance.
Conservative leader Andrew Scheer has vowed to kill carbon pricing, but polling points to likelier path to power for Justin Trudeau’s weakened Liberals – given support from third-parties with compatible environmental policies.
Forager wants to solve borders for shippers and transportation providers.
Purchase of Missouri-based Piston Tank Corporation grows Canadian transportation company’s U.S. specialty operations.
CEO Alain Bedard lauds “magic” of its American trucking business ability to shore up efficiency in challenging freight environment.
Canadian transportation firm reports a 13 percent increase in net income, helped in part by improved performance from its U.S. truckload businesses.
Canada’s largest transportation and logistics company releases second-quarter results on July 25.
Kal Atwal becomes executive vice president as Canadian transportation and logistics company integrates bankrupt courier BeavEx’s business.
Canadian transport firm says cross-border truckload and intermodal division had struggled with weak freight market in Northeast U.S.
CEO Alain Bédard says acquisition will invigorate Canadian firm’s U.S. last-mile business.
Canadian transportation company reports strong performance across businesses following record 2018.
Deal will grow U.S. last-mile business and add $100 million in annual revenue, Canadian transportation firm says.
Aulick and ShirAul were “a compelling strategic fit for our Specialized Truckload growth objectives in the U.S,” says CEO Alain Bédard.
Alain Bédard says Canadian transport giant expects growth and acquisitions to continue on both sides of border.
Canadian TFI saw revenues and income surge in its truckload segment, while margins improved.
Acquisition of bulk transporter will grow Canadian TFI’s tanker presence in the United States.
TFI International Inc. wants to expand its last-mile business with the assets of U.S. courier BeavEX, which is seeking bankruptcy protection.
Even the Port’s director agrees something needs to be done; East Coast port notches new record; ATA crows about California victory.
TFI International the Montreal, Canada-based transport and logistics company, has made two significant personnel announcements this week, including a new executive vp of U.S. Truckload.
