The Globe and Mail reports in its Tuesday edition that North American trucking firm TFI International shares fell sharply after the initial announcement of U.S. tariffs on
Canadian goods and it is down 27.2 per cent year-to-date. Guest columnist Ted Dixon writes, however, the stock is enjoying some short-term momentum, up 15.1 per cent over the past month.
Notably, when it reported third-quarter results, chief executive officer Alain Bedard said, "Year-to-date, we have generated more than $570-million (U.S.) of free cash flow, exceeding the prior year's nine-month figure."
Insiders have been net acquirers of $655,029 worth of shares over the past 90 days through a combination of public market purchases and option exercises. Mr. Dixon views improving cash flow and insider accumulation as a generally positive combination.
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