TFI posts strong Q3, terminates APPS acquisition

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MONTREAL, Que. – TFI International shook off the effects of the Covid-19 pandemic, posting a strong third quarter and restoring its workforce. TFI reported net income of $110.7 million, up 34% year-over-year, while revenue declined 4% totaling $1.25 billion. Logistics revenue was up 7%, package-and-courier climbed 1%, truckload dropped 6% and LTL was down 17% […]

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