TFI International Inc. (NYSE:TFII) Q2 2020 Earnings Conference Call July 28, 2020 8:30 AM ET Company Representatives Alain Bédard - Chairman, President, Chief Executive Officer David Saperstein - Chief Financial Officer Conference Call Participants Jack Atkins - Stephens Scott Group - Wolfe Research Konark Gupta - Scotiabank Allison Landry - Credit Suisse Walter Spracklin - RBC Capital Markets Brian Ossenbeck - JPMorgan Jason Seidl - Cowen Mona Nazir - Laurentian Bank David Ross - Stifel Tom Wadewitz - UBS ...

TFI International Inc. (NYSE:TFII) Q1 2020 Earnings Conference Call April 22, 2020 8:30 AM ET Company Participants Alain Bédard - Chairman, President and Chief Executive Officer Conference Call Participants Jason Seidl - Cowen and Company Mona Nazir - Laurentian Bank Securities, Inc. Jack Atkins - Stephens Inc. Scott Group - Wolfe Research, LLC Thomas Wadewitz - UBS Ken Hoexter - Bank of America Merrill Lynch Konark Gupta - Scotiabank Brian Ossenbeck - JPMorgan Walter Spracklin - RBC Capital Markets Cameron ...

TFI International Inc. (OTC:TFIFF) Q4 2019 Earnings Conference Call February 10, 2020 5:00 PM ET Â Â Company Participants Alain Bédard – Chairman, President and Chief Executive Officer Conference Call Participants Jason Seidl – Cowen Jack Atkins – Stephens Inc Walter Spracklin – RBC Capital Mona Nazir – Laurentian Bank Konark Gupta – Scotiabank Cameron Doerksen – National Bank Financial Benoit Poirier – Desjardins Capital Operator Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to T ...

TFI International Inc. (OTC:TFIFF) Q3 2019 Results Earnings Conference Call October 25, 2019 8:00 AM ET Company Participants Alain Bedard - Chairman, President and Chief Executive Officer Conference Call Participants Konark Gupta - Scotiabank Cameron Doerksen - National Bank Benoit Poirier - Desjardins Fadi Chamoun - BMO Capital Markets Walter Spracklin - RBC Capital Markets David Ross - Stifel Gianluca Tucci - Echelon Wealth Partners Kevin Chiang - CIBC Operator Good morning, ladies and gentlemen, thank yo ...

TFI International Inc. (OTC:TFIFF) Q2 2019 Results Earnings Conference Call July 26, 2019 8:30 AM ET Company Participants Alain Bedard - Chairman, President and Chief Executive Officer David Saperstein - Chief Financial Officer Conference Call Participants Jason Seidl - Cowen Konark Gupta - Scotiabank Walter Spracklin - RBC Capital Markets Cameron Doerksen - National Bank Benoit Poirier - Desjardins Nav Malik - Industrial Alliance Kevin Chang - CIBC David Ross - Stifel Operator Good morning, ladies and gent ...

Financial Data and Key Metrics Changes - Total revenue grew 3% year-over-year to $1.2 billion, marking the highest revenue ever for the first quarter [9] - Operating income increased by 41% to $106 million, while adjusted EPS on a diluted basis rose by 40% to $0.77 [9] - Net cash from operating activities reached $161 million, up 178% year-over-year, and free cash flow was $143 million, up 172% [11] Business Line Data and Key Metrics Changes - P&C segment revenue before fuel surcharge grew slightly to $147 million, with operating income at $21 million [12][13] - LTL segment revenue before fuel surcharge increased slightly to $208 million, with operating income more than doubling to $28 million [14] - Truckload segment revenue before fuel surcharge rose 7% to $527 million, with operating income increasing to $51 million [15] - Logistics and Last Mile segment revenue before fuel surcharge was $224 million, down from $237 million in the prior year, but operating income grew 1% to $15 million [17] Market Data and Key Metrics Changes - The U.S. truckload market is experiencing pressure on volume due to weather conditions, but contract renewals are allowing for price adjustments of 3% to 6% [21] - The Canadian truckload segment is performing well, with expectations for continued improvements in operating ratios [50] Company Strategy and Development Direction - The company aims to generate profitable growth and return excess capital to shareholders, having completed three business acquisitions in a disciplined manner during the quarter [7] - The focus remains on optimizing business mix and asset utilization while leveraging technology to capitalize on e-commerce growth opportunities [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a free cash flow target of $400 million to $450 million for 2019, citing improved accounts receivable collection [35] - The company is cautious about the impact of IFRS 16 on financial metrics but anticipates a downward trend in depreciation and finance charges over the next few years [123] Other Important Information - The company returned $117 million to shareholders through dividends and share buybacks during the quarter [17] - The outlook for capital expenditures has been revised down to $200 million to $225 million for the year [18] Q&A Session All Questions and Answers Question: Recent TL pricing trends for U.S.-based truckload - Management noted that contract renewals are allowing for price adjustments of 3% to 6%, despite a challenging market environment [21] Question: M&A market for Specialty TL - Management indicated a focus on digesting recent acquisitions and being disciplined in future M&A activities, with opportunities still available [24] Question: Changes to EPS expectations for the full year - Management maintained EPS guidance of $3.80 to $3.90 for 2019, with potential for upward revision based on Q2 performance [31] Question: Free cash flow expectations for the full year - Management expects free cash flow to be in the range of $400 million to $450 million for 2019, driven by improved operational efficiencies [35] Question: Update on BeavEx acquisition - Management highlighted the strategic fit of BeavEx, projecting a contribution of $10 million to $15 million to the bottom line due to minimal overhead [90] Question: LTL margins and subcontracting costs - Management explained that improved margins in the LTL segment were achieved through operational efficiencies and the elimination of low-margin business [128]

TFI International, Inc. (OTC:TFIFF) Q4 2018 Earnings Conference Call February 28, 2019 8:30 AM ET Company Participants Alain Bédard - Chairman, President & CEO Conference Call Participants Mona Nazir - Laurentian Bank Securities Scott Schoenhaus - Stephens Inc. Navdeep Malik - Industrial Alliance Securities Inc. Gianluca Tucci - Echelon Wealth Partners David Ross - Stifel, Nicolaus & Company Benoit Poirier - Desjardins Securities Operator Good morning, ladies and gentlemen, thank you for standing by. Welcom ...