TFI Terminates Kindersley Transport and all Subsidiaries

Interesting. Back in June Kindersley discontinued their small package courier service.

Suspect that they weren’t performing all that well as a company and it reached a point where TFI decided to shut it down and service Kindersley’s customer base through TST-CF.

 

So according to this freight broker over half the freight hauling companies in Canada have gone bankrupt ???I know there have been some bankruptcy's but no where near 52%

 

i cant find any data to support it, but its too early for this type of data to be available as far as i can tell

 

I’m not surprised. That’s why Bédard runs all the companies separate. One underperforms, you can dissolve it without affecting your money making companies.

 

It might be that high. Most brokers deal with these fly by night, one truck wonders. Tons of them going tits up and going home. Most of these outfits are one tow away from bankruptcy.

 

Companies still hire the 3rd party carriers at a discount only to fail on a timely delivery…January 12th Hwy 17 Ontario 270 Km ( just west of Ignace) unforgiving ditch.

 

I know the mega i work for does ,I found out my friends co workers wife works for my company . She says our company sells off more loads then we haul . I See the Brampton companies coming into our yard all the time . Only problem is you shoot your self in the foot because then they steal those contracts down the road at a lower rate