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TFI International Inc. (NYSE:TFII) is one of the

10 Best Performing Canadian Stocks So Far in 2026.

On May 4, 2026, BMO Capital raised the firm’s price target on TFI International Inc. (NYSE:TFII) to $140 from $115 and maintained a Market Perform rating on the shares as part of a broader transportation sector update. The firm said improving freight demand trends are beginning to emerge, supported by leading indicators, commentary from transportation and industrial companies during Q1 earnings season, and improving shipment volume and weight trends across the less-than-truckload sector. BMO added that those factors led it to raise estimates and price targets across the transportation group.

Last month, TFI International Inc. (NYSE:TFII) reported Q1 adjusted EPS of 69c, versus the consensus estimate of 61c. Revenue totaled $1.95B, versus the consensus estimate of $1.9B. Bedard said stronger revenue and profitability in the Truckload and Logistics segments helped the company exceed its quarterly earnings outlook despite weather-related disruptions early in the quarter. Management also said acquisitions completed during the freight downturn have strengthened the company’s diversified industrial exposure and are beginning to contribute more meaningfully to results. Bedard added that TFI continues to prioritize efficiency, free cash flow generation, disciplined capital allocation, and shareholder returns as freight market conditions improve.

TFI International Inc. (NYSE:TFII) provides transportation and logistics services across the United States, Canada, and Mexico.

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