TFI International Inc. (TFII) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen. Thank you for standing by. Welcome to TFI International's second quarter 2026 earnings call. At this time, all participant lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. Callers will be limited to one question and one follow-up. Again, that's one question and one follow-up so that we can get to as many as callers as possible. Further instructions for entering the queue will be provided at that time. Please be advised that this conference call may contain statements that are forward-looking in nature and is subject to a number of risks and uncertainties that could cause actual results to differ materially. I would also like to remind everyone that this conference call is being recorded on July 27, 2026. Joining us on the call today are Alain Bedard, Chairman, President, and Chief Executive Officer, and David Saperstein, Chief Financial Officer. I would now like to turn the conference over to Mr. Alain Bedard. Thank you. Please go ahead. Well, thank you, Alberta, and welcome everyone to our call this afternoon. We in the past hour, TFI International, reported stronger than expected quarterly results with adjusted diluted EPS of $1.85, exceeding our clip range of $1.50 to $1.60, and up 38% year-over-year. All three of our business segments grew operating income by double digits, and we again produced solid free cash flow, which, as you know, is a long-standing priority of ours. Put simply, the investments we made during the recent slowdown, both in internal operations and strategic M&A, are beginning to benefit our performance. We now have a balanced and diverse portfolio of operating companies, and attractive end markets, which we continue to serve while always maintaining our fo...