Conference Call Participants
Scott Group – Wolfe Research, LLC
Ravi Shanker – Morgan Stanley, Research Division
Jordan Alliger – Goldman Sachs Group, Inc., Research Division
Ken Hoexter – BofA Securities, Research Division
Walter Spracklin – RBC Capital Markets, Research Division
Brian Ossenbeck – JPMorgan Chase & Co, Research Division
Jason Seidl – TD Cowen, Research Division
Konark Gupta – Scotiabank Global Banking and Markets, Research Division
Thomas Wadewitz – UBS Investment Bank, Research Division
Kevin Chiang – CIBC Capital Markets, Research Division
Bascome Majors – Stephens Inc., Research Division
Ariel Rosa – Citigroup Inc., Research Division
Cameron Doerksen – National Bank Financial, Inc., Research Division
Benoit Poirier – Desjardins Securities Inc., Research Division
Bruce Chan
Presentation
Operator
Good day, ladies and gentlemen. Thank you for standing by. Welcome to TFI International Second Quarter 2026 Earnings Call. [Operator Instructions] Please be advised that this conference call may contain statements that are forward-looking in nature and is subject to a number of risks and uncertainties that could cause actual results to differ materially. I would also like to remind everyone that this conference call is being recorded on July 27, 2026. Joining us on the call today are Alain Bedard, Chairman, President and Chief Executive Officer; and David Saperstein, Chief Financial Officer. I would now like to turn the conference over to Mr. Alain Bedard. Thank you. Please go ahead.
Alain Bedard
President, CEO & Chairman
Well, thank you, operator, and welcome, everyone, to our call this afternoon. Within the past now where TFI International reported stronger-than-expected quarterly results with adjusted diluted EPS of $1.85, exceeding our outlook range of $1.50 to $1.60 and up 38% year-over-year. All 3 of our business segments grew operating income by double digits, and we again produced solid free cash flow, which, as you know, is

