TForce: Profits are Up and the CEO is Bullish on the Future

Today the CEO of TFI International, which owns TForce, gave an upbeat report following a very profitable first quarter. CEO Alain Bedard stated that the new ownership has barely scratched the surface of making TForce a money-maker and may achieve an incredible 80% operating ratio in a couple years.

In response to a question from a financial analyst, he said he is preparing to bargain with the Teamsters and would like to see regionalized wage rates in the next Teamster contract.

“We’re getting ready for [bargaining]," said Bedard. "If you compare the base salary versus the other two unionized carriers [Yellow and ABF] TForce has the most expensive salary. But, what I see though, is that in some markets our base salaries are too low and other markets they are too high. This is because it’s a kind of national grid that we have that done because the last negotiation was done mostly by UPS people.”

That's a nonstarter. Teamsters are not giving up a national base wage rate and national wage increases. We're about solidarity, not divide and conquer.

CEO Alain Bedard noted that TForce will continue to bring on new equipment to save on maintenance, and aims to greatly reduce city cartage mileage by aiming for freight that is within 5 to 15 miles of a terminal.

TFI is the largest Canadian-based trucking corporation, and TForce is its largest division.

Click here to Join TDU and be a part of the national network of Teamsters who are organizing for power at work and a stronger union.

Get Advice Join TDU Donate

Recent News

The New Yorker Covers Our Historic Fight at UPS

UPS wants the public to think that Teamsters are overpaid and greedy. But UPS Teamsters got a chance to speak out on why we’re fed up and ready to strike if we have to in a big story in the New Yorker called, “UPS and the Package Wars.” The magazine spoke to shop steward Antoine Andrews and other TDU members and follows contract campaign activities in Local 804, to get a glimpse at the momentum Teamsters are building at UPS. Read it online or the pdf version.

Register for TDU’s Contract Enforcement Workshops

Register for TDU's latest online workshops to get the tools to enforce your contract, deal with difficult supervisors on the shop floor and in the office, and beat unfair discipline. Take one training or the whole series. Our online workshops are free, but advance registration is required.

View More News Posts