TForce | TFI International Announces 2022 First Quarter Results

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For the Less-Than-Truckload segment, revenue before fuel surcharge increased 535% to $835.4 million and operating income increased 328% to $94.8 million.

Through adherence to TFI’s longstanding operating principles that emphasize continual focus on the customer, an asset-light approach, and ‘freight that fits’, we are confident in our ability to navigate uncertain economic times, while also executing on multiple opportunities to streamline operations and drive further synergies related to the ongoing successful integration of TForce Freight.

TFI International Announces 2022 First Quarter Results
 
Cash used for the purchase of property and equipment was $90.4 million during Q1 2022 versus $37.4 million the prior year quarter. The increase in additions in 2022 is primarily due to the fleet renewals for acquired companies, primarily for TForce Freight. In addition, procurement of equipment was difficult in 2021 as manufacturing and supply chain challenges resulted in delays.
We’ve only received one tractor.
We cant service our customers as well as we should because our dead relics have not been replaced.
 
What is funny is nothing much has changed, still picking up and delivering the same freight.
The only thing we don't do is waste time on B.S. safety meetings.
The UPS corporation couldn't handle a small ltl company. In less than one year TFI has made more money than UPS did in the past 7 years.
 
What is funny is nothing much has changed, still picking up and delivering the same freight.
The only thing we don't do is waste time on B.S. safety meetings.
The UPS corporation couldn't handle a small ltl company. In less than one year TFI has made more money than UPS did in the past 7 years.
Think of how much more they’ll save if they start cutting the dead weight from the management pool. Every day we deliver dummy stops…have a DR , freight on the diad, but no such freight on the truck to deliver. We’re told show it delivered clear…don’t management get a performance / production bonus based on bill count?
 
Think of how much more they’ll save if they start cutting the dead weight from the management pool. Every day we deliver dummy stops…have a DR , freight on the diad, but no such freight on the truck to deliver. We’re told show it delivered clear…don’t management get a performance / production bonus based on bill count?
That's considered dishonesty and falsifying a company document DONT DO IT!!! I'm not going to lie to cover up someone else's lie so they can fire me. If you refuse to lie they can't touch you for being honest.
 
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