Trucking firm TFI sees drop in second-quarter profit as market weakness continues
TFI International Inc. TFII-T has reported a drop in second-quarter profit as weak demand took a toll on the volume of goods it hauls.
Canada’s largest trucking firm reported net income of US$98.2-million for the three months ended June 30, down from US$115.7-million a year earlier.
That amounted to earnings of US$1.17 per diluted share, a decrease from US$1.36 during the same 2024 period.
© Christinne Muschi