TForce Outperforming in Profits

TForce is on a roll, doing better in the profit column than in its previous life as UPS Freight. It finished the second quarter with an operating ratio of 90.1%

tforce_thumb.jpgTrucking analyst Wolfe Research reports that “LTL revenue and margins both finished well above our expectations with the new U.S. TForce Freight business operating at a 90.1% OR. TFII has worked on freight selection and accessorial charges in the first 2 months post deal, and sees a long runway of contractual pricing and cost opportunities. TFII now expects TForce to operate at a sub-90% OR in a few quarters relative to its prior guidance of a 90% OR in a few years.”

The mothership, TFI Inc, is riding high as well. It’s stock has risen 103% since January of this year. 

Get Advice Join TDU Donate

Recent News

Online Workshop: Learn Your FMLA Rights

The TDU Women's Caucus will host its first online workshop, "Your Rights Under the FMLA" on Sunday, July 17 at 1 PM Eastern/12 PM Central/11 AM Mountain/10 AM Pacific.

Members Vote Down Costco Offer by 93%

Yesterday Costco Teamsters voted to reject the company’s offer by 93%. 4554 members voted No. Only 304 voted Yes.

View More News Posts