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U.S. election uncertainty weighing on freight market, TFI International CEO says

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TFI International Inc. News

Trucking Market,Chairman And CEO,Trucking Firm

MONTREAL — The head of Canada's biggest trucking firm says the U.S. election is dampening an already weak market for freight. Alain Bédard, chairman and CEO ...

MONTREAL — The head of Canada's biggest trucking firm says the U.S. election is dampening an already weak market for freight.

On a conference call Friday, Bédard gave the example of a green energy company spun off from General Electric that he says has adopted a wait-and-see approach, claiming its wind turbine business would suffer should President Joe Biden fail to win a second term. The Conference Board of Canada has said household debt will hamper consumer spending this year, as Canadians' online shopping habits continue to taper off from pandemic highs.Momentum is underway for these two Canadian stocks, and yet both still trade at share prices that are quite low given their future growth. The post Underpriced and Overlooked: 2 Canadian Stocks Ready to Rally appeared first on The Motley Fool Canada.

 

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TFI International reports lower earnings for first quarter, revenue risesMONTREAL — TFI International Inc. says its net income for the first quarter was US$92.8 million, down from US$111.9 million a year earlier. The Montreal...
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