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Weaker trucking demand drives down profits at TFI International

  • TFI International Inc. Reported a 40 percent drop in profits in its latest quarter due to weaker demand, stating a net income of US$56 million compared to US$92.8 million last year.
  • The company's revenue increased by five percent year-over-year to US$1.96 billion, attributed to corporate acquisitions.
  • On an adjusted basis, diluted earnings decreased by 39 percent to 76 cents US per share, down from US$1.24 the previous year.
  • Analysts expected earnings of 96 cents US per share, according to financial markets firm LSEG Data & Analytics.
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Weaker trucking demand drives down profits at TFI International

MONTREAL — TFI International Inc. says profits fell 40 per cent in its latest quarter amid weaker shipping demand from consumers and businesses.

·Barrie, Canada
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Barrie Today broke the news in Barrie, Canada on Wednesday, April 23, 2025.
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