The Globe and Mail reports in its Wednesday edition that the trucking industry is going through some tough times, and one company that is facing these challenges is TFI International ($195.42). Globe columnist Gordon Pape writes that Montreal's TFI is a transportation and logistics giant with a network that spans more than 80 North American cities. It has more than 90 operating companies under its banner and employs 24,000 people. The stock fell to below $150 in October, but recovered and hit a 52-week high last week. Fourth-quarter and year-end results showed weakness in revenue and profits in the face of inflation headwinds and reduced volume. TFI's Q4 revenue was flat at just under $2-billion, but for full-year 2023, revenue was down almost 15 per cent to $7.5-billion from $8.8-billion in 2022. Fourth-quarter net income was $131.4-million ($1.53 per diluted share). That compared with $153.5-million ($1.74 a share) in the prior year. For the 12-month period, earnings were $504.9-million ($5.80 a share), compared with $823.2-million ($9.02 per share) in 2022. The stock pays a quarterly dividend of 40 cents ($1.60 a year). Mr. Pape does not advise buying TFI, but should it pull back to $175, consider opening a position.