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TFI International Posts Strong Q2 Results Amid Market Challenges

TFI International (TSE:TFII) has released an update.

TFI International Inc. reported solid financial results for the second quarter of 2024, with operating income rising to $208.1 million, up from $192.4 million in the same period last year, despite challenging market conditions. The company’s net income saw a slight decrease to $117.8 million compared to $128.2 million in Q2 2023, while adjusted net income rose to $145.6 million. This performance was bolstered by strategic acquisitions, including Daseke, and strong cash flows, enabling debt repayment and shareholder value creation.

For further insights into TSE:TFII stock, check out TipRanks’ Stock Analysis page.

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