MONTREAL, QC – TFI International has announced that Gregory Rumble, its executive vice president and Chief Financial Officer, will retire in April 2019. Rumble has been Chief Financial Officer and executive vice president since 2015, and had spent 10 years […]
JOPLIN, MO – TFI International’s CFI truckload division has named Greg Orr as senior vice president – sales and operations, in a role that has him reporting to CFI president Tim Staroba.
MONTREAL, QC – TFI International saw a 23% boost in revenue in the second quarter of 2017, reaching $1.12 billion – but Canada’s largest carrier still posted a $47.2 million operating loss because of a $129.8 million goodwill write-off of U.S. truckload operations.
MONTREAL, QC – Just months after acquiring a major truckload carrier in the U.S., TFI International is cautiously optimistic about the state of the North American economy.
“Unemployment is low and consumer spending remains solid. Moreover, rising oil prices have given way to a modest rebound in the level of investment in that sector,” said chairman, president and Chief Executive Officer Alain Bedard, when releasing year-end results. “These factors should produce a gradual recovery in freight volume and rates.”
Referring to 2016 as a “transformational” year for the business – which now collects half its revenue south of the border