NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of TFI International Inc. (NYSE: TFII). Shareholders who purchased shares of TFII during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/tfi-international-inc-loss-submission-form/?id=145077&from=3 CLASS PERIOD: A ...

Core Insights - TFI International Inc. held its Annual Meeting of shareholders where all proposed director candidates were elected by a majority vote [1] Group 1: Election Results - Leslie Abi-Karam received 66,539,956 votes (98.37% for, 1.63% against) [1] - Alain Bédard received 65,064,475 votes (96.19% for, 3.81% against) [1] - André Bérard received 58,888,382 votes (87.06% for, 12.94% against) [1] - William T. England received 66,205,426 votes (97.88% for, 2.12% against) [1] - Diane Giard received 67,372,662 votes (99.61% for, 0.39% against) [1] - Debra Kelly-Ennis received 59,184,832 votes (87.50% for, 12.50% against) [1] - Sébastien Martel received 67,372,040 votes (99.60% for, 0.40% against) [1] - John M. Pratt received 67,365,116 votes (99.59% for, 0.41% against) [1] - Joey Saputo received 59,224,449 votes (87.56% for, 12.44% against) [1] - Rosemary Turner received 67,267,089 votes (99.45% for, 0.55% against) [1] Group 2: Company Overview - TFI International Inc. is a leader in the North American transportation and logistics industry, operating in the U.S., Canada, and Mexico [2] - The company focuses on creating shareholder value through strategic acquisitions and managing a network of wholly-owned subsidiaries [2] - TFI International provides financial and operational resources to its subsidiaries to enhance efficiency and business growth [2]

Core Insights - TFI International Inc. reported a total revenue of $1.96 billion for Q1 2025, a 5% increase from $1.87 billion in Q1 2024, driven by business acquisitions despite weaker market demand [3][4] - The company achieved a 40% year-over-year increase in free cash flow, totaling $191.7 million, reflecting a strong focus on cash generation [2][6] - Operating income decreased to $114.6 million from $151.6 million in the prior year, primarily due to reduced revenues from weaker market conditions [5][6] Financial Performance - Total revenue for Q1 2025 was $1,964.4 million compared to $1,870.8 million in Q1 2024 [3] - Revenue before fuel surcharge increased to $1,714.5 million from $1,611.5 million year-over-year [4] - Adjusted EBITDA for the quarter was $259.0 million, down from $268.4 million in the previous year [3][22] - Net income fell to $56.0 million from $92.8 million in Q1 2024, with diluted EPS decreasing to $0.66 from $1.09 [6][24] Segment Performance - The Truckload segment saw a revenue increase of 61% due to the acquisition of Daseke, while the Less-Than-Truckload and Logistics segments experienced declines of 14% and 13%, respectively [7] - Operating income for the Truckload segment rose by 18%, while the Less-Than-Truckload and Logistics segments saw declines of 45% and 22% [7][8] Cash Flow and Shareholder Returns - Net cash from operating activities was $193.6 million, down from $200.7 million in Q1 2024, attributed to increased interest payments and reduced net income [10] - The company returned $94.4 million to shareholders, including $38.2 million in dividends and $56.2 million in share repurchases, with a quarterly dividend increase of 13% [12] Business Acquisitions - Subsequent to the quarter, TFI International acquired Basin Transportation LLC and Veilleux Transit Inc., which will be included in the Truckload segment [13]

Q1 2025 Results J.B. Hunt Transport Services, Inc. Truckload (JBT) Disclosure This presentation and discussion may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "intends," "estimates," or similar expressions are intended to identify these forward-looking statements. These statements are based on J.B. Hunt's current plans and expectations and involve risks and uncertainties that could cause future activit ...