TForce | New Article Yesterday on Potential ABF purchase
- Thread starter FreightDriver
- Start date
TFI's stake in Trucker ArcBest sparks acquisition rumors - Hinterland Gazette
The chief executive of ArcBest Corp., one of the country's largest transport companies, said she learned that a competitor had acquired a 4% stake in her company at the same time as everyone else: at a competitor's profit announcement. Investments of TFI International Inc. and their February 6...
hinterlandgazette.com
Newbie here with no skin in the game but came across this article.
FreightDriver
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TFI has money to burn.
inspector200
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TFI net worth as of February 22, 2023 is $10.74B.
FreightDriver
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Yep. Bedard is very well connected with the Wall Street M&A community.
inspector200
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In comparison…. UPS net worth as of February 24, 2023 is $155.81B
Be careful what you wish for, it may not buy you senority....
Erie Pa terminal is looking to lease over 1/2 of its terminal to ABF.
Outbound supervisor just had his position eliminated last week. Missing pickups , laid off 3 City guys so now they have no one on call or to cover vacation or sick days.
Remaining drivers are working lots of O/T but we couldn’t get dock hours. I have 2 yrs call back rights but will it ever happen?
Outbound supervisor just had his position eliminated last week. Missing pickups , laid off 3 City guys so now they have no one on call or to cover vacation or sick days.
Remaining drivers are working lots of O/T but we couldn’t get dock hours. I have 2 yrs call back rights but will it ever happen?
Toliet Paper
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Many of us are thinking the same thing so you're not alone. Personally I'm giving it a few more months to see if the freight levels pickup and what is in the contract. If things don't change in the next 3 to 4 months I'm gone.
The c
The cspf is larger the the entire tfi company.
Judy said the only way she will agree to a buyout is if Maxicose is brought in to handle the Last Mile division.
realityofitall
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Will Jamie Pierson be brought in to help with the finances ? He might be able to get a 15% discount
Dippity-do??
teamster82
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Abf bought out of multi pension plan years ago
That's news to me brother....and them too...
