Inside Bar (Bearish)
|Bid||0.00 x 800|
|Ask||38.31 x 1400|
|Day's Range||37.33 - 38.33|
|52 Week Range||15.24 - 38.33|
|Beta (5Y Monthly)||1.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.77 (2.05%)|
|Ex-Dividend Date||Jun 29, 2020|
|1y Target Est||N/A|
As of late, it has definitely been a great time to be an investor in TFI International Inc
TFI International Inc. (TFII) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
TFI International has acquired most of the assets of MCT Transportation from bankrupt Comcar Industries for $12.8 million.TFI announced the acquisition on Monday. The addition of MCT will enhance the Canadian transportation and logistics company's truckload footprint in the Midwest and Southeast regions of the United States. TFI's acquisition came after Comcar received court approval to sell MCT to White Willow Holdings for $2.2 million.The deal also follows TFI's successful bid for another Comcar subsidiary, flatbed carrier CT Transportation on June 18. MCT Transportation has a fleet of 130 company tractors and 90 owner-operators. Based in South Dakota, it provides dry van and refrigerated truckload transportation services. "MCT brings a host of capabilities including key regionalized lanes in the Midwest and Southeast, specialized Florida-originating outbound lanes, and dedicated Midwest-West lanes," TFI CEO Alain Bedard said in a statement. "Importantly, MCT has strong overlap with our existing customers allowing us to provide service across an expanded region, as well as overlap in multiple facilities which we can leverage to drive significant efficiencies."Click for more FreightWaves articles by Nate Tabak. See more from Benzinga * Food Companies Ranked Among Top 12 'Best-Of-The-Best' In Shipper Of Choice Awards * Summer Snowfall Coming To The Rockies (With Forecast Video) * Trucking Executives Hope For A Nike Swoosh Recovery(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
MONTREAL, June 29, 2020 -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the acquisition of.
U.S. Flatbed Carrier Acquisition Further Strengthens TFI’s U.S. Specialized Truckload Operations Enhances Ability to Serve TFI’s Canadian Flatbed Group Customers in U.S..
Potential TFI International Inc. (TSE:TFII) shareholders may wish to note that the Independent Director, Diane Giard...
TFI International (NYSE: TFII) said on Thursday that it completed its acquisition of Gusgo Transport, a small Canadian trucking company specializing in hauling and storing containers.TFI, Canada's largest transportation and logistics company, announced the deal on June 12.Gusgo has a fleet of four company trucks and 48 owner-operators and storage for up to 6,000 containers in near Toronto. The carrier operates in a 500-mile radius of Toronto, serving Ontario and Quebec in Canada, and Michigan, New York, Ohio and Pennsylvania."With its 50-year history of providing superior, reliable service, Gusgo is a superb cultural fit with TFI's customer-centric approach," TFI CEO Alain Bedard said in a statement on June 12. "Operationally, we see numerous synergies across our combined real estate footprint, as well as for our equipment sales, purchases and overall utilization." The acquisition expands TFI's truckload division. It includes Gusgo's Seatainer Transport and Seatainer Terminals.TFI, Canada's largest transportation and logistics company, did not disclose the price it paid for Gusgo Transport.First acquisition since R.R. DonnelleyTFI, based in Montreal, reported in April that it earned C.8 million in net income in the first quarter of 2020. The company also moved to temporarily lay off 1,600 employees because of COVID-19.Bedard told analysts that the company has put larger deals on hold because of COVID-19. But also said he expects the company to emerge stronger from it and set a high bar for the current quarter."We're not going to lose money in the second quarter, that's for sure," Bedard said in April.TFI acquired the courier services business of R.R. Donnelley & Sons Co. in March. It followed February's U.S. initial public offering, which raised $230 million that the company said would help it pursue acquisitions.TFI International is Canada's largest transportation and logistics company. It has more than 16,000 employees across North America, and nearly 10,000 owner-operators.Click for more FreightWaves articles by Nate Tabak.Photo: Gusgo TransportSee more from Benzinga * Nikola's Milton Scraps With Startup's Media Critics * Deutsche Bank Sees Some Winners As Earnings Season Approaches * Truck Crossings Have The Best Week Since US-Canada Border Closed(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
MONTREAL, June 18, 2020 -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed.
MONTREAL, June 15, 2020 -- The Board of Directors of TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, declared.
Transaction to Enhance Container Transport and Storage Capabilities Adds Density, Geographic Reach and New Customers MONTREAL, June 12, 2020 -- TFI International Inc. (NYSE.
Those holding TFI International (TSE:TFII) shares must be pleased that the share price has rebounded 30% in the last...
Record first quarter operating income of $118.5 million, an increase of 13% over the same quarter last yearNet cash from operating activities of $191.7 million, as compared to.
MONTREAL, April 21, 2020 -- The Board of Directors of TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, held.
TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, reminds shareholders that its Annual Meeting of shareholders (the “Meeting”) will be held on Tuesday, April 21, 2020 at 1:30 p.m. (eastern time). During the telephone Meeting, shareholders will have an opportunity to ask questions to TFI International’s management. TFI International has taken measures to conduct the Meeting in full compliance with applicable government decrees relating to COVID-19, including remote participation by the chairman of the Meeting, the scrutineers for the Meeting, and others.
TFI International Inc. (TSE:TFII) is about to trade ex-dividend in the next 3 days. This means that investors who...
MONTREAL, March 25, 2020 -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it will hold.
Unfortunately for some shareholders, the TFI International (TSE:TFII) share price has dived 39% in the last thirty...
MONTREAL, March 02, 2020 -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has.
TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that Cameron Holzer has joined the Company as Senior Vice-President, Operations to focus on its rapidly expanding U.S. Specialized Truckload operations. With more than 25 years of professional experience including 12 years at CRST International most recently as president of CRST Expedited, Mr. Holzer brings extensive expertise in operations and strategic development. Mr. Holzer joins TFI International from CRST, where as president of CRST Expedited he oversaw a number of key functional areas and led his division to numerous industry awards including the SmartWay Award for five consecutive years, the Quest for Quality Award and the FedEx Ground Carrier of the Year award.
TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the closing of its previously-announced marketed offering of common shares in the United States and Canada, representing TFI International’s initial public offering in the United States. TFI International issued a total of 6,900,000 shares, including 900,000 shares following the exercise in full by the underwriters of their over-allotment option. The shares were issued at a price of US $33.35 per share, the equivalent of CAD $44.20 per share based on the Bank of Canada exchange rate at the time of pricing, for gross proceeds to TFI International of US $230,115,000 (approximately CAD $305 million).