Why Did TFI Drop Today?

The shares of tfi international (TSX:TFII)(NYSE:TFII) tumbled by nearly 10% on Friday to as low as $133.64 per share. This massive drop in its stock came a day after the company released its better-than-expected third-quarter results on Thursday after markets closed

Is TFI stock a buy?

TFI International has received a consensus rating of Buy The company’s average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.

Does TFI pay a dividend?

TFI International (TSE:TFII) pays Quarterly dividends to shareholders.

Is TFII overvalued?

Because TFI International is significantly overvalued , the long-term return of its stock is likely to be much lower than its future business growth, which averaged 0.2% over the past three years and is estimated to grow 18.19% annually over the next three to five years.

Is TFI International a publicly traded company?

TFI International Inc. is publicly traded on the new york stock exchange and the Toronto Stock Exchange under the symbol TFII.

Will TFII stock go up?

The 19 analysts offering 12-month price forecasts for TFI International Inc have a median target of 110.00, with a high estimate of 140.00 and a low estimate of 88.00. The median estimate represents a +43.21% increase from the last price of 76.81.

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What company owns TFI?

General Public Ownership The general public, who are mostly retail investors, collectively hold 53% of TFI International shares With this size of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors.

How many trucks does TFI have?

Its trucking fleet consists of over 14,000 company-owned power units, nearly 10,000 owner-operator tractors, nearly 50,000 trailers and over 200 straight trucks.

How many trucking companies does TFI own?

“We have acquired and integrated more than 90 companies since 2008, which has helped us grow considerably,” Mr. Bédard said. “We allow more than 80 companies to operate as independent business units under the TFI International umbrella with a high degree of autonomy.

Is cargojet a good buy?

Cargojet has received a consensus rating of Buy The company’s average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.

Is tforce freight publicly traded?

ABOUT TFI INTERNATIONAL TFI International Inc. is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII.

Did TransForce buy ups?

TransForce International has announced it has acquired UPS Freight , the less-than-load (LTL) and truckload divisions of united parcel services.

Is TFI International a good company to work for?

Is TFI International a good company to work for? TFI International has an overall rating of 3.4 out of 5 , based on over 52 reviews left anonymously by employees. 42% of employees would recommend working at TFI International to a friend and 44% have a positive outlook for the business.

How is Yrc doing financially?

YRC Worldwide, parent of the fourth- and seventh-largest groups of LTL carriers, lost $104 million last year, compared with $20.2 million net profit in 2018. YRC’s total revenue for last year fell 3.4% to $4.871 billion from $5.092 billion in 2018.

What is TFI going to do with UPS Freight?

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.

Is UPS Freight now TForce Freight?

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.

Does TFI own XPO?

On October 27, 2016, TFI International Inc. acquired transportation company xpo logistics – North American Truckload Operations from XPO Logistics, Inc. for 558M USD.

Is TFI a union?

While TFI has unionized operations , including couriers Canpar Express and Loomis and LTL carrier CF-TST Overland Express, nothing approaches the size of the former UPS unit.

Does CFI have flatbed?

In addition to dry-van truckload, CFI Dedicated provides refrigerated, flatbed , specialized trailers, and liftgate services to meet specific customer supply chain needs.

Is UPS Freight going out of business?

What Happened and When. Just two months after buying DLS Worldwide, TFI International Inc., a Canadian transportation and logistics company, announced their plans to buy UPS Freight for $800 million. The deal was announced in late January 2021 and officially completed on April 30th.

Did UPS sell UPS Freight?

UPS has decided to get out of the less-than-truckload (LTL) business, and has sold its UPS Freight division to Canadian-based TFI International for $800 million.

Will UPS Freight Stay Union?

No, unionized employees can retire from UPS Freight and may be eligible for rehire. However, if rehired, they would start over as a new employee in terms of seniority, wages and benefits.