By Will FeuerTFI International said it will consider breaking itself up into two companies: one focused on its truckload business and the other housing the rest of its operations. The Canada-based logistics company, which earlier Friday agreed to buy Texas-based trucker Daseke in an all-cash deal for about $386 million, said its truckload segment will generate about $3.6 billion annual revenue on a pro-forma basis following the deal.

Source: Wall Street Journal December 22, 2023 19:05 UTC