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Q2 results for TFI and Heartland Express show weaker financial performance, but both firms eye potential future operational improvements.
Canadian transport firm, TFI International, reported a Q2 revenue, including fuel surcharges, of $1.79 billion, a noticeable drop from the $2.42 billion in Q2 of 2022. Concurrently, Heartland Express also reported lower-than-expected Q2 earnings. Key numbers for both companies include:
Despite these challenges, both companies expect future improvements and increased freight demand.
Sources: FreightWaves and FreightWaves
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