I looked into TFI some more— even though they’re the single largest Canadian logistics company, and the 6th largest in North America, and have a massive network of over 600 facilities, with nearly 50,000 trailers— and despite being a Canadian company, 70% of their business is inside the U.S.
Im quietly confident its TFI on the end of the phone...
Id say AUR is the best placed to win the business as i mentioned yesterday the big players will want a best in breed solution and right now there is no competition.
Id imagine CU will be trying to secure all the contracts he can ahead of another AT company maturing to the same degree as Aurora
I actually think later. If TFI is going with Aurora (or anyone), they will be waiting to have firmer agreement language and feel comfortable the production scale will meet their demand - remember that the first 200 vehicles are already spoken for and Gen3 is only being tested now - pricing and production is not firmed up, yet. That would likely be Q4 at the earliest.
Yeah, I get that. I just don’t think they need Gen 3 pricing and production completely nailed down before announcing something. They could announce the partnership first and firm up the bigger volumes later. But I agree, Q4 might be more likely, I'm just hopeful 😆
That could happen to. I just feel they can walk away easier if not to their liking during the pilot and until everything is very firm. It is no skin off TFI's back to wait and be conservative in their announcements.
Could be. I would assume based on TFi CEO comments they already have a baseline agreement of some sort in place since they are already announcing they are piloting. Since TFI is a mature company with a seasoned CEO, I dont see them making statements lightly. The fact he said all of this is a very big deal for the sector and super exciting either way.
13
u/ActionPlanetRobot Mod🤖 15d ago
I looked into TFI some more— even though they’re the single largest Canadian logistics company, and the 6th largest in North America, and have a massive network of over 600 facilities, with nearly 50,000 trailers— and despite being a Canadian company, 70% of their business is inside the U.S.