TForce | Buys Hotline Express

[rugrunner]

Can you share the link to the story please?

 

[wongway]

Strange gambit, buy a large union carrier, and then but a tiny non union regional carrier, and try to make it all non union. TFI should have just bought one of the many non union ltls, man, TFI executives are really . Not really, probably just purchased them for the real estate.

Look back in History of CF & the CCX scam , CF closed & CCX took off with growth !! , Never say Never in the trucking world !

 

[Toliet Paper]

Look back in History of CF & the CCX scam , CF closed & CCX took off with growth !! , Never say Never in the trucking world !

Well then the IBT needs to organize those employees

 

[Triplex]

Well then the IBT needs to organize those employees

Sure, when pigs fly.

 

[stunhsif]

What usually happens when a non union company gets bought by a union company is the non union employees( having no rights under contract) are let go if the companies merge.
Since this company is ltl and very small, tfi probably purchased them for their property, and plans to consolidate more terminals in the Midwest. The trucks are all white, so it looks like an easy rebrand. I suspect we will be hearing about some Midwest consolidation in the coming year.

Hot Line Freight | LTL Freight IL IA MN WI OH IN MI SD

Hot Line Freight is the premier Midwest Regional LTL freight carriers with service to South Dakota, Iowa, Illinois, Indiana, Ohio, Minnesota and Wisconsin.

www.hotlinefreight.com

It is more truckload than ltl, based on their website.

They are mostly TL along with volume LTL shipments. They will not be merged into TForce Freight, this was a play for TForce Worldwide ( TFWW) to spoon feed them volume. Most of you likely don't know about TFWW, time to do some research as the business they secure goes 93% to non union LTL carriers.

 

[stunhsif]

Well then the IBT needs to organize those employees

ROFL, you really do have your head in the sand! Too funny.

 

[stunhsif]

Hotline is Non-Union , so expect more freight to got o them , like the old CF & CCX scam deal many years ago !

bingo!

 

[Toliet Paper]

ROFL, you really do have your head in the sand! Too funny.

I didn't say they would I said they should

 

[No port]

They are mostly TL along with volume LTL shipments. They will not be merged into TForce Freight, this was a play for TForce Worldwide ( TFWW) to spoon feed them volume. Most of you likely don't know about TFWW, time to do some research as the business they secure goes 93% to non union LTL carriers.

Funny, because t force freight is 40% of TFWW gross portfolio. More B. S.

 

[stunhsif]

Funny, because t force freight is 40% of TFWW gross portfolio. More B. S.

WRONG! TForce Freight is 40% of the gross revenues of TFI' International. TFWW is a subsidiary ( as is TForce Freight) of TFI Int'l, they are the brokerage/logistics division of TFI' International. TFWW stands for TForce World Wide Logistis.

CARRIER PARTNERSHIPS

TFWW partners with the
most well-respected carriers in the
industry.​

We ensure you receive the best service for all of your shipment needs. Backed by
the power and resources of a North American leader in transportation and logistics,
TFI International, TFWW is the partner you need regardless of your specialty.
BECOME A CARRIER PARTNER
TFWW Carrier Partnerships
A sample of just a few of our partnerships include:

• LESS THAN TRUCKLOAD (LTL)
• TRUCKLOAD
• INTERMODAL
• EXPEDITED GROUND & AIR
• OCEAN

LESS THAN TRUCKLOAD (LTL)

• AAA Cooper

• Averitt

• Central Transport

• Dayton Freight

• Dependable Highway Express

• Estes

• FedEx LTL

• Forward Air

• Pitt Ohio Express

• R+L Carriers

• Roadrunner

• SAIA

• Southeastern Freight Lines

• TForce Freight

• Ward Trucking

• XPO Logistics

• Yellow

• And More

GET CONNECTED.
Partner with TFWW Today.

 

[No port]

WRONG! TForce Freight is 40% of the gross revenues of TFI' International. TFWW is a subsidiary ( as is TForce Freight) of TFI Int'l, they are the brokerage/logistics division of TFI' International. TFWW stands for TForce World Wide Logistis.

CARRIER PARTNERSHIPS

TFWW partners with the​

most well-respected carriers in the​

industry.​

We ensure you receive the best service for all of your shipment needs. Backed by
the power and resources of a North American leader in transportation and logistics,
TFI International, TFWW is the partner you need regardless of your specialty.
BECOME A CARRIER PARTNER
TFWW Carrier Partnerships
A sample of just a few of our partnerships include:

• LESS THAN TRUCKLOAD (LTL)
• TRUCKLOAD
• INTERMODAL
• EXPEDITED GROUND & AIR
• OCEAN

LESS THAN TRUCKLOAD (LTL)

• AAA Cooper
• Averitt
• Central Transport
• Dayton Freight
• Dependable Highway Express
• Estes
• FedEx LTL
• Forward Air
• Pitt Ohio Express
• R+L Carriers
• Roadrunner
• SAIA
• Southeastern Freight Lines
• TForce Freight
• Ward Trucking
• XPO Logistics
• Yellow
• And More

GET CONNECTED.
Partner with TFWW Today.

Oh, the brokerage company. There many trucking brokers out there, like global trans and ch Robertson. Either way TForce freight is 40% of all TForce Business.

 

[No port]

They are mostly TL along with volume LTL shipments. They will not be merged into TForce Freight, this was a play for TForce Worldwide ( TFWW) to spoon feed them volume. Most of you likely don't know about TFWW, time to do some research as the business they secure goes 93% to non union LTL carriers.

Most carriers are non union, and brokers typically go with the cheapest carrier, they aren't concerned with anything else. They get hit hard with accessorial charges after the fact. Anytime I see a third party broker pickup or delivery I get the diad ready for the extra charges they didn't tell the shipper about. Typically, residential, lift gate, are rarely noted on the delivery or pickup request.
They pay a pretty penny for a 4 pallet lift gate delivery after the fact , or a residential.

 

[stunhsif]

Most carriers are non union, and brokers typically go with the cheapest carrier, they aren't concerned with anything else. They get hit hard with accessorial charges after the fact. Anytime I see a third party broker pickup or delivery I get the diad ready for the extra charges they didn't tell the shipper about. Typically, residential, lift gate, are rarely noted on the delivery or pickup request.
They pay a pretty penny for a 4 pallet lift gate delivery after the fact , or a residential.

The fact is 3PL's have way cheaper rates than all but the largest national accounts. They also get huge breaks on the accessorial charges compared to standard charges. A GlobalTranz, WWE, CH Robinson, Echo Global can give an LTL carrier literally hundreds or thousands ( CH Robinson) of shipments a day. Their volume drives massive discounting.

 

[nxsone]

During the earnings call, Bedard said that TFI backed out of two acquisitions in the US this year. One of them was a company owned by a father and son. The son didn't want to sell. I wonder if that might be Hotline Express they were talking about.

 

[kevipai]

Knight swift has coverage there they need northeast and southeast coverage if abf settles their contract and he gets them i am curios if he renames tforce different name after sale to dump whats left of the former company
like hes starting fresh with abf sells the former ups now tforce to knight swift the coverage they need fresh food for thought buying that company i bet he will shutter union terminals in their area

If Knight-Swift acquires ABF and renames TForce after the sale, it is possible they might make changes to the company. However, it is difficult to predict specific actions such as shutting down union terminals or the extent of coverage expansion. These decisions would depend on various factors and strategies employed by Knight-Swift.

 

[rugrunner]

If Knight-Swift acquires ABF and renames TForce after the sale, it is possible they might make changes to the company. However, it is difficult to predict specific actions such as shutting down union terminals or the extent of coverage expansion. These decisions would depend on various factors and strategies employed by Knight-Swift.

You do understand it is not just paying for ABF. It also includes paying for the pension liability on top of the price to buy the company.

 

[FreightDriver]

If Knight-Swift acquires ABF and renames TForce after the sale, it is possible they might make changes to the company. However, it is difficult to predict specific actions such as shutting down union terminals or the extent of coverage expansion. These decisions would depend on various factors and strategies employed by Knight-Swift.

Since when is Knight Swift buying ABF? And what would that have to do with TForce Freight?

 

[ScotchNeat]

Since when is Knight Swift buying ABF? And what would that have to do with TForce Freight?

KS is in the M&A business right now, as is T-Force, which might create some competition between the two should they set their sights on the same company in the future.