TFI International says Q2 2026 operating income rises 29% on stronger results in existing operations, acquisitions

For Q2 ended June 30, 2026, operating income rose to USD 220.4 million from USD 170.2 million; net income climbed to USD 136.2 million.

Revenue before fuel surcharge increased to USD 1.9 billion from USD 1.79 billion, driven by USD 56 million from acquisitions and stronger existing operations.

Management attributed profit growth mainly to improved existing operations, despite a USD 10.5 million increase in accident reserves; acquisitions added USD 10.7 million.

• Truckload operating income jumped 50% to USD 105.8 million on rate gains, fleet right-sizing and better utilization; adjusted operating ratio improved to 86.1%.
• Logistics operating income rose 32% to USD 49.7 million, largely from acquisitions.
• operating income increased to on higher volumes.