From Yahoo Finance: 2025-04-24 16:45:00

TFI International CEO Alain Bedard expressed optimism about the company’s future despite weak quarterly earnings and a decline in stock price. The focus remains on the U.S. LTL operations, with an operating ratio of 98.9% in Q1, worse than the previous year. Analysts have mixed views, with Merrill Lynch giving an underperform rating.

Bedard highlighted improvements in U.S. LTL operations, emphasizing a shift towards small to medium-sized customers. TFI’s stock price saw a significant increase later in the trading day. Bedard praised the company’s cash flow and dividend payments. Uncertainty surrounding tariffs and the economy continues to impact operations, particularly in specialty truckload operations.

TFI is unlikely to make major acquisitions this year, with a focus on improving market share and operational efficiency. Bedard emphasized the need for better planning and pricing technology. The company’s goal is to enhance service quality and productivity. Overall, Bedard is optimistic about the company’s progress and future prospects.



Read more at Yahoo Finance: TFI’s Bedard upbeat on revamped US LTL operations even as numbers sink