BCV Bulletin - Recent Trading Activity - April 8, 2026
Buy: TFI International Inc. (TSE: TFII)
TFI International is a high-quality industrial leader within the North American transportation sector, offering a unique combination of disciplined capital allocation and consistent shareholder returns. As a dominant player in the fragmented trucking industry, the company utilizes a sophisticated “buy-and-build” strategy to drive sustainable long-term value. Recently, TFI has made timely, strategic investments into high-margin segments—most notably U.S. Less-Than-Truckload (LTL) and Specialized Truckload—to enhance operational density. The company also stands to benefit from a tightening supply side as restrictive federal mandates shift significant pricing power back toward large, compliant carriers. For income-focused investors, this operational strength supports a robust track record of double-digit dividend growth and opportunistic share repurchases. Ultimately, we view TFI International as a valuable blue-chip holding, uniquely positioned to capture industrial tailwinds while prioritizing bottom-line profitability.
This BCV Bulletin is intended for residents of the provinces and territories in which we are registered, is not meant to be a solicitation to any persons not resident in those jurisdictions and does not constitute an offer to buy or sell our products or services. Any opinions expressed are just that and are subject to change. Information is provided on a best-effort basis and its accuracy cannot be guaranteed. Information may also be provided from third party sources which are believed to be reliable, but we do not guarantee its accuracy or completeness. Certain statements may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. This BCV Bulletin has been prepared for general informational purposes only, is not intended as investment and/or financial advice on any subject matter and the securities mentioned should not be construed as a recommendation for any specific securities. ©BCV Asset Management Inc. 2026.
