Who owns TFI International?
Corporate Management Since the late 1990s, TFI has been led by chairman, president, & CEO Alain Bédard.
TransForce International
Who owns TFI freight?
TFI International
Carol Tomé, UPS's CEO since June 2020, explained in a statement that the sell-off is part of the company's “better not bigger” strategy, which involves divesting businesses that weren't a good fit for the company's current and future plans.01-Feb-2021
Is TFI a good company?
Is TFI International a good company to work for? TFI International has an overall rating of 3.3 out of 5, based on over 58 reviews left anonymously by employees.22-Sept-2022
What's Going to Happen to UPS Freight? The small truckload segment will be absorbed into TFI, becoming a part of its existing truckload business. Alternatively, the LTL division will work within TFI's LTL business, but it will do so independently as TForce Freight.10-Aug-2021
Who owns TForce freight?
TForce Freight/Parent organizations
For a short period between 2015 and 2016 it was owned by XPO Logistics and known as XPO Logistics Truckload. After it was acquired by TFI, itself then known as TransForce, the company returned to its pre-2007 operations as a standalone truckload company under its original name, CFI.
Who bought out Transport America?
TransForce
Is TForce Freight a good company to work for? TForce Freight has an overall rating of 2.8 out of 5, based on over 140 reviews left anonymously by employees.29-Sept-2022
Why did UPS sell UPS Freight?
“The agreement allows UPS to be even more laser-focused on the core parts of our business that drive the greatest value for our customers.” The decision to sell UPS Freight was reached following a thorough evaluation of the UPS portfolio, and aligns with the company's “better not bigger” strategic positioning.25-Jan-2021
It said it decided to sell the business after assessing its portfolio, enabling it to pay down long-term debt. The delivery giant said it would retain historical pension assets and liabilities, while pension benefits earned after closing will be TFI's responsibility.25-Jan-2021
Who owns UPS Freight now?
TForce Freight/Parent organizations
TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30. The UPS division, which is focused on less-than-truckload and dedicated truckload shipments, was acquired by TFI in an $800 million deal announced in January.03-May-2021
Is UPS changing their name?
Our new name is now TForce Freight. This will be a seamless transition for you, as UPS Freight assets and employees will continue to serve our customers as TForce Freight. TForce Freight is now a subsidiary of TFI International, one of the largest North American trucking companies.
TFI International's analyst rating consensus is a 'Strong Buy.
Is TFI stock a buy?
The 20 analysts offering 12-month price forecasts for TFI International Inc have a median target of 121.45, with a high estimate of 133.40 and a low estimate of 102.41. The median estimate represents a +33.60% increase from the last price of 90.91.
TFII pays a dividend of $1.08 per share. TFII's annual dividend yield is 1.19%. Tfi International's dividend is higher than the US industry average of 0.91%, and it is lower than the US market average of 4.26%.
Who bought UPS LTL?
TFI International
TForce's operating ratio hit 89.4%, its lowest level since TFI acquired UPS' struggling LTL operation, UPS Freight, in April. But as Bédard made clear to analysts, TFI has far more aggressive ambitions: an operating ratio of 80% or lower.08-Feb-2022
Is TForce Freight unionized?
TFI is a major trucking and transport corporation which operates a number of trucking companies, primarily based in Canada. They have acquired truckload, logistics, courier and LTL companies. Some of them are union, with contracts with Teamsters Canada, and a few in Missouri are in the Teamsters.28-Jan-2021
Who owns TFI International?