TForce Freight drivers to reduce miles, handle more freight

Home/News/Business/Finance/Company Earnings/TForce Freight drivers to reduce miles, handle more freightCompany EarningsLess than Truckload (LTL)NewsTruckingAfter strong Q4, TFI CEO says focus remains on efficiency, profitability of US LTL operationNate Tabak·Tuesday, February 08, 2022TForce Freight pickup and delivery drivers will be driving fewer miles and picking up more freight per stop as part of TFI International’s efforts to improve operational efficiency in its U.S. LTL operations, CEO Alain Bédard said on Tuesday.“Drivers, they like to drive. … Me, I like to pick up freight,” Bédard told financial analysts. “So we have a disconnect. So what we want to do is have our P&D guys drive less miles and pick up more freight.”Bédard made the comments a day after Montreal-based TFI reported a 60% increase in profits during the fourth quarter versus a year ago — driven in part by improvements at TForce. The Canadian company brought in $144.1 million in adjusted net income — or $1.57 per s...