TFII - Daseke Now Part of TFI International as Acquisition Closes | Benzinga
The acquisition by TFI (NYSE: TFII) was announced Dec. 22. The share price for the acquisition was $8.30, after closing at $4.91 on Dec. 21.
Daseke reported revenue of $1.57 billion in 2023. In 2016, revenue was $651.8 million.
The disappearance of Daseke from the list of publicly traded carriers follows that of such companies as U.S. Xpress and USA Truck, as well as nontrucking companies whose public earnings provided a window into the strength or weakness of the business. Those include Travel Centers of America and Echo Global Logistics, which stopped trading as public companies when they were acquired by others.
The count on Daseke's operations as reported in its final 10-K filing with the Securities and Exchange Commission is that its Flatbed Solutions segment had 2,339 tractors and 2,849 trailers. The Specialized Solutions segment, which ...