| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 360MM | -11% |
| Operating Income | -16.8MM | -184% |
| Operating Expenses | 376.8MM | - |
| Net Income | -27.1MM | -947% |
| G&A | 23.1MM | +13% |
| Marketing | - | - |
| Compensation | 103.8MM | +7% |
| Amortization | 1.6MM | -6% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Daseke, known primarily for its flatbed operations, is now part of TFI International. The post Daseke now part of TFI International as acquisition closes appeared first on FreightWaves.
MONTREAL, April 01, 2024 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Daseke, Inc. (NASDAQ: DSKE), one of the leading flatbed and specialized transportation and logistics companies in North America, for US $8.30 in cash per common share. The total enterprise value of the transaction is approximately US $1.1 billion, including the
In this article, we will look into the 25 biggest trucking companies in the US. If you want to skip our detailed analysis, you can go directly to the 5 Biggest Trucking Companies in the US. US Trucking Market The US trucking industry plays a vital role in the US economy. According to the American […]
Fund 1 Investments disclosed a large position in casual-dining-restaurant operator BJ’s Restaurants. Silver Lake trimmed its investment in IT firm Dell Technologies.
2023 brought two large truckload acquisitions, several less-than-truckload carriers picking through a bankrupt carrier’s assets and no resolution to a $3.2 billion merger attempt, among other transactions. The post 2023’s most notable deals in trucking appeared first on FreightWaves.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
TFI International Inc. (TFII) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Karuna downgraded, Arm target raised: Wall Street's top analyst calls
TFI International is buying trucking company Daseke in an all-cash deal for about $386 million that will make the company the largest operator by revenue of flatbed rigs targeting the construction industry. Montreal-based TFI will pay $8.30 a share for Daseke, a 69% premium to the closing stock price on Thursday, and will assume debt that will bring the total value of the deal to $1.1 billion. Based on an outstanding share count of about 46.5 million, the agreement values Addison, Texas-bas...
TFI International entered an agreement to acquire flatbed carrier Daseke and said it’s exploring a spinoff of its truckload business. The post TFI buying Daseke for $1.1B, contemplating spinoff of truckload unit appeared first on FreightWaves.