The Globe and Mail reports in its Friday edition that Citi's Ariel Rosa has reaffirmed his "buy" call for TFI International. The Globe's David Leeder writes that Mr. Rosa's share target soared $25 to $131 (all figures U.S.). Analysts on average target the shares at $111.62. Mr. Rosa thinks North American transportation companies "still have much to prove" in 2026, but he sees a "better" set-up for the year ahead "as tighter truck capacity supports higher rates." Mr. Rosa is more constructive on the prospects for a sustained increase in freight rates than at any time since Citi began coverage in 2024. Mr. Rosa says in a note: "Within LTLs, we note TFI International and [ArcBest] as among our top picks, as both companies have under-appreciated FCF potential, in our view. Whereas their union structure is an understandable point of concern for many investors, we also note that their thin margin profile allows for meaningful earnings upside on cycle inflection. Additionally, given their valuation multiples below their non-union peers, we see less room for multiple contraction as earnings growth accelerates, with the onus on management to navigate union challenges and to leverage their solid FCF to drive shareholder returns."