TFI International Acquires Hercules Forwarding [Canadian Business Journal (Canada)]
TFI International Inc. Common Shares (TFII)
Company Research
Source: Canadian Business Journal
– Strengthens US LTL portfolio while adding cross-border LTL into Canada –MONTREAL, March 11, 2024 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the acquisition of Hercules Forwarding, Inc. (“Hercules”), a Less-Than- (LTL) carrier with an emphasis on intra-US and US-to-Canada cross-border transportation. Founded in 1985 and family-owned with US headquarters in Vernon, California and Canadian headquarters in New Westminster, BC, Hercules utilizes a 31-terminal network and operates more than 210 trucks, close to 600 trailers and approximately 75 containers, generating more than US $100 million in annual revenues. Hercules’ non-union team focuses on direct shipper customers seeking high-quality, damage-free service across diverse end markets including consumer/retail, HVAC/building products, automotive, industrial, 3PL and food/beverage. Led by its president, Marty Burnham and CFO, Mel
Show less
Read more
Impact Snapshot
Event Time:
TFII
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TFII alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TFII alerts
High impacting TFI International Inc. Common Shares news events
Weekly update
A roundup of the hottest topics
TFII
News
- U.S. election uncertainty making 'very difficult' freight market worse, TFI CEO says [BNN Bloomberg (Canada)]BNN Bloomberg
- U.S. election uncertainty making 'very difficult' freight market worse, TFI CEO says [Financial Post (Toronto, Ontario, Canada)]Financial Post
- TSX futures rise as commodity prices jump [Reuters]Reuters
- CANADA STOCKS-TSX futures rise as commodity prices jump [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, TFI International (TFII) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
TFII
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/18/24 - Form 6-K
- TFII's page on the SEC website