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After strong Q4, TFI CEO says focus remains on efficiency, profitability of US LTL operation
“Drivers, they like to drive. … Me, I like to pick up freight,” Bédard told financial analysts. “So we have a disconnect. So what we want to do is have our P&D guys drive less miles and pick up more freight.”
TForce’s operating ratio hit 89.4%, its lowest level since TFI acquired UPS’ struggling LTL operation, UPS Freight, in April. But as Bédard made clear to analysts, TFI has far more aggressive ambitions: an operating ratio of 80% or lower.
TForce Freight drivers to reduce miles, handle more freight
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