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Hurt by Charge for Con-Way Freight Deal, TFI Loses Money in Second Quarter

TFI International, the Montreal-based truckload carrier, reported a $75 million operating loss in the second quarter, cautioning investors that the results included a $128.9 million noncash goodwill impairment charge related to the difficult U.S. truckload market and the purchase of the old Con-way Freight truckload unit from XPO Logistics last fall.

Ari Ashe
July 27, 2017

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