TForce Freight Successfully Reaches Tentative Agreement With Teamsters Union; New 5-Year Agreement Is Subject To Ratification By The Employees Which Is Expected To Occur Soon. TForce Freight Is Pleased With The Mutually Beneficial Terms
Portfolio Pulse from Happy Mohamed
TForce Freight, a subsidiary of TFI International Inc. (TSX:TFII), has reached a tentative agreement with the US International Brotherhood of Teamster Union for a new five-year Collective Bargaining Agreement. The agreement is subject to ratification by the employees, which is expected to occur soon.
July 13, 2023 | 1:14 pm
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TFI International's subsidiary, TForce Freight, has reached a tentative agreement with the Teamsters Union. This could potentially stabilize labor relations and operations for the next five years, subject to employee ratification.
The tentative agreement between TForce Freight and the Teamsters Union, if ratified by employees, could provide stability in labor relations for the next five years. This could potentially lead to smoother operations and reduced labor disputes, which would be beneficial for TFI International's business and could positively impact its stock price.
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