TFI International (TSE:TFII) has released an update.
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TFI International reported a successful third quarter of 2024, achieving over $2 billion in revenue, driven by strategic acquisitions despite challenging market conditions. The company generated significant cash flow, allowing it to increase its quarterly dividend by 13% and reduce debt, showcasing its financial resilience. This performance underscores TFI’s focus on operational enhancements and capitalizing on acquisitions to maintain a strong balance sheet while returning capital to shareholders.
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