The Globe and Mail reports in its Friday edition that TFI International reports that America's trade war is impacting freight volumes and creating uncertainty, leading the company to abandon a major takeover opportunity. The Globe's Nicolas Van Praet writes that tariffs imposed by President Trump and uncertainty around trade policy are affecting businesses across North America, prompting companies to adjust their financial guidance and strategies, particularly in their interactions with industrial clients. TFI's specialized truckload unit, which transports goods that are oversized or require unique handling, has been "really affected because our end customers are sitting on the fence waiting to see where this is going to go," TFI chief executive officer Alain Bedard told analysts on a conference call Thursday. "We're not using our trucks to the full extent because the volumes are not where they normally should be." Mr. Bedard said TFI cannot do any major mergers and acquisitions this year but vowed to do another sizable acquisition in the United States in 2026. He said plans to spin off the truckload division as a stand-alone business also still make sense, but the timeline looks likely to be pushed back to 2027.