US EditionTrucking Firm Tfi Sees Second-Quarter Profit Dip as Market Weakness Persists
- TFI International Inc., the largest trucking company in Canada based in Montreal, experienced a decline in net income for the second quarter ended June 30, 2025, compared to the same period last year.
- The profit decline followed subdued market conditions that reduced shipment volumes due to weaker end-market demand throughout the quarter.
- TFI recorded revenue of US$2.04 billion, down from US$2.26 billion in the same quarter last year, with net income falling to US$98.2 million from US$115.7 million.
- Earnings per diluted share decreased to US$1.17 from US$1.36 during the comparable period, while CEO Alain Bédard stated the company was still able to perform despite these conditions.
- Despite the profit drop, TFI paid a dividend and maintained operations, indicating resilience but suggesting ongoing challenges in the trucking market.
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On Monday, TFI International announced a decrease in its profits in the second quarter, with low demand having weighed on the volume of goods transported.
·Montreal, Canada
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The Record+7 Reposted by 7 other sources
TFI International Announces 2025 Second Quarter Results
Second quarter operating income of $170.2 million compares to $206.0 million in the same prior year quarterSecond quarter net income of $98.2 million compares to $115.7 million in Q2 2024, while adjusted net income1 of $112.0 million compares to $145.6…
·Waterloo, Canada
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Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Low demand has weighed on the volume of goods transported. The post Profits in decline for TFI International at the 2T appeared first on Les Affaires.
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Total News Sources12
Leaning Left9Leaning Right0Center2Last UpdatedBias Distribution82% Left
Bias Distribution
- 82% of the sources lean Left
82% Left
L 82%
C 18%
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