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TFI International Q3 EPS of $1.67, driven by strong truckload performance

The Motley Fool +1 · ·by D4F

TFII
TFII TFI International Inc
$94.33 -0.42%
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  1. 1TFI International (TFII) reported adjusted earnings per share of $1.67 for the third quarter. This is an increase of nearly 40% from $1.20 in the previous year.
  2. 2Operating income rose 17% to $180 million, while truckload operating income nearly doubled to $100 million.
  3. 3U.S. less-than-truckload performance was weak due to density issues and third-party logistics weight, and the six-year alliance with UPS ends in early 2027.

So what's the key point?

TFI International increased its profits by nearly 40% in the third quarter. While truckload performance was strong, the U.S. less-than-truckload business was weak, making it a key area to improve.

Source The Motley Fool +1 · View original ↗

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