TFI International, a big trucking company, recently talked about how one of its recent purchases, Daseke, isn't doing so well. They bought Daseke to help their trucking business. Things haven't gone as planned, and they're working to fix problems.
- Daseke's performance has been disappointing since the purchase.
- The trucking industry is facing tough times with lower prices and high costs.
- TFI has too many trucks and is trying to sell some.
| Metric | Value |
|---|---|
| Daseke's Operating Ratio (OR) | ~98% (very high, means they're not making much profit) |
| TFI's Specialized Truckload OR (before Daseke) | Below 90% |
| Daseke Revenue Growth (year over year) | 87.7% (due to the acquisition) |
