Trade war puts the brakes on TFI trucking expansion plans, as cargo volume sags

[EricG]

Trade war puts the brakes on TFI trucking expansion plans, as cargo volume sags

Tariff angst has forced TFI International Inc. to back off big acquisitions as the trucking industry confronts lower cargo volumes, its CEO said Thursday.

www.bnnbloomberg.ca

 

[artmax]

Yea but they still bought out 2 carriers... this month.

 

[EricG]

Yea but they still bought out 2 carriers... this month.

ya, small guys... I wonder who the big player was they put on hold?

also this is a tad concerning for LTL players... the outlook isn't pretty.

"Bédard also said “less-than-truckload” deliveries — multiple drops of cargo for different clients on a single run — have been “very disappointing” this year. The segment’s adjusted earnings in the first three months of 2025 declined 29 per cent year-over-year."

 

[Rob]

May have something to do with their stock price being about 1/2 of it's high, It has went for a shit since Agent Orange started his BS. No one has shown up here with a cheque yet still waiting on @thebluffs1 to write one.

 

[Shakey]

Overpaying for companies to keep revenue increasing and big igos that figured they could flip UPS around easily, and the market is making them pay for those errors.