The plan, revealed by TFI CEO Alain Bédard, is to build an asset-light less-than-truckload network using contractors while its unionized subsidiary TForce regroups under new management.
All the vessels deployed on the ME1/IOS loop are operated by Hapag-Lloyd, which industry observers believe points to a more consequential shift in the carrier's overall risk assessment of the Red Sea corridor.
Intermodal marketing companies and railroads are using ongoing bid negotiations to raise rates in annual agreements for 2027.
