Q: TFII reports tomorrow. What do you expect the numbers to be? The stock has been sluggish since US carriers announced poor results. Do you see this continuing to affect TFII?
5i Research Answer:
TFII is not immune to industry issues/slowdowns. That being said, when Yellow went bankrupt last year the business picked up the slack, and it was not necessarily a negative impact. TFII is an efficiently-run company, and could use any weakness to continue with its acquisition goals. Investors are nervous today about earnings, but if there was a material change TFII likely would have pre-announced.