TFI CEO Bedard said on an analyst call that he wasn’t sorry the company bought UPS Freight, but he was plainspoken about its issues.
Labor peace was won at what will be higher costs for shippers and carriers.
Old Dominion Freight Line was the latest less-than-truckload carrier to announce an early general rate increase for the new year.
TFI’s overall third-quarter results reflect a weak macro environment.
Yellow’s demise is a “huge benefit for our industry,” TFI International CEO Bedard says.
Volume declines ate into TFI International’s revenue in the second quarter.
A collective bargaining agreement between TForce Freight and the Teamsters comes 18 days before the current contract expires.
Los jefes de los Teamsters prometen “luchar como locos” contra los acuerdos de ABF y TForce
The Teamsters union promises a fight heading into contract renewals with less-than-truckload carriers.
Diferentes salarios para diferentes geografías, en lugar de una escala salarial uniforme, puede ser lo que está en las negociaciones, dice el CEO
TFI CEO Alain Bédard may want to set TForce Freight wages based on worker geographies instead of one uniform structure in upcoming talks with the Teamsters.
The CEO of Canada’s largest trucking company, TFI International, says the cross-border COVID-19 vaccine mandate affected a small number of its Canadian drivers.
Después de un fuerte Q4, el CEO de TFI dice que el enfoque se mantiene en la eficiencia, la rentabilidad de la operación LTL de Estados Unidos
TForce Freight pickup and delivery drivers will be driving less and taking on more freight as TFI International pushes efficiency in its U.S. LTL operation, says TFI’s CEO.
TForce Freight has rolled back the speed reductions for some trucks based in Houston after drivers complained about running out of hours.
TFI International is consolidating its U.S. truckload and dedicated operations, including Transport America and part of the former UPS Freight, under CFI to cut costs and boost performance.
TFI International plans to shut down four terminals at the former UPS Freight operation and the CEO signals more to come as the company targets costs.
TFI International fails to replicate early herculean improvement at ex-UPS Freight as operating ratio weakens slightly in record third-quarter financial results.
The Teamsters allege that TFI’s TForce Freight broke federal law when it reduced the speed limit of its trucks from 68 to 65 mph.
The deal benefits TFI’s freight-centric culture and allows UPS to shed a noncore asset, Tomé says.
Only a week removed from the $800 million purchase of UPS Freight, TFI International is back at it. On Monday, the company announced the acquisition of van and flatbed carrier Fleetway Transport.
