TFI International seeks to spin off Daseke in 2025
Canadian transport and logistics provider TFI International plans to spin off Daseke as a separate company sometime in 2025.
Canadian transport and logistics provider TFI International plans to spin off Daseke as a separate company sometime in 2025.
TFI’s overall third-quarter results reflect a weak macro environment.
TFI International said Tuesday it acquired asset-light intermodal provider Axsun.
TForce Logistics is adding a distribution center in the Toronto area, boosting its last-mile delivery capabilities in the region.
The successor of UPS’ struggling LTL operation is set to post an operating ratio below 95%, TFI International says in an unusual preannouncement.
TFI International quietly buys Montreal-area trucking and logistics firm Procam International to expand its network.
CEO Alain Bedard said renting out terminal space is a way to buoy TFI’s real estate portfolio.
TFI International has agreed to buy UPS Freight for about $800 million in its largest acquisition to date.
TFI International said it will not move forward with its planned acquisition of Canadian trucking company APPS Transport as CEO hints at issues with federal regulators.
TFI International reports a large jump in Q3 profits as strong performance from e-commerce heavy-logistics business and wage subsidies make up for weakness in truckload and LTL.
Canadian trucking and logistics firm TFI International buys U.S. bulk carrier CCC Transportation, its third acquisition from bankrupt Comcar Industries.
In today’s edition of The Daily Dash, General Motors and Nikola Corp. strike a deal for fuel cells; diesel engines are a big winner from the fallout of the Volkswagen diesel emissions scandal; and trucking’s exemption from AB5 could be at risk.
TFI International has agreed to acquire APPS Transport Group in a move that will bolster one of the company’s weak links: its Canadian less-than-truckload business.
Hacking group posts files purportedly stolen from Canpar Express after ransomware attack targets TFI International’s Canadian parcel and courier subsidiaries.
A ransomware attack has hit TFI International’s four Canadian courier divisions, targeting Canpar Express, ICS Courier, Loomis Express and TForce Integrated Solutions.
In today’s edition of The Daily Dash, Roadrunner Transportation exits the truckload business; a road for autonomous vehicles only; and NFI makes a large acquisition.
TFI International raised nearly $219 million in a share offering. It puts the transportation and logistics company in a stronger position to pursue acquisitions in the U.S. and Canad
TFI International announces share offering that could raise more than $200 million and give the Canadian firm additional firepower for more acquisitions.
TFI International grows U.S. specialty businesses with CT Transportation in second acquisition from bankrupt Comcar industries.
TFI International says it completed its acquisition of Gusgo Transport in a deal that adds a small Canadian container trucking and storage company.
Canada’s largest transportation company reveals cutbacks as it reports a 16% jump in profits during the first quarter.
Canadian transportation company puts its money to work after raising $230 million in U.S. IPO as it works to grow its logistics business.
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Stock in Canadian transportation company trades more than 7% above offering price after CEO Alain Bedard rings opening bell on New York Stock Exchange.
Canada’s largest transportation company looks to raise nearly $200 million as it prepares to offer 6 million shares in the United States.
Proceeds could give Canada’s largest transportation company more firepower to pursue acquisitions as it prepares to make a big leap into capital markets south of the border.
Canadian transportation company delivers impressive performance in weak freight market as it finishes 2019 with 20% increase in operating income on strength of its truckload and logistics businesses.
CEO Alain Bedard says company may buy more firms in the United States as it looks to bolster underperforming logistics and final mile units and clean up market.
CEO of Canada’s largest transportation and logistics company pushes for crackdown as carriers with dubious labor practices place unprecedented pressure on truckload business
Canadian firm’s earnings report reveals August purchases of Quebec cross-border carrier Craler and Georgia-based logistics provider
Canadian and U.S. trucking units continue to squeeze revenue and profits from uneven freight market as LTL and last-mile deliver uneven performance.
Furniture-makers may face long slog in adjusting to tariffs on Chinese imports; Autonomous freight trains to be tested
Purchase of Missouri-based Piston Tank Corporation grows Canadian transportation company’s U.S. specialty operations.
CEO Alain Bedard lauds “magic” of its American trucking business ability to shore up efficiency in challenging freight environment.
Canadian transportation firm reports a 13 percent increase in net income, helped in part by improved performance from its U.S. truckload businesses.
Kal Atwal becomes executive vice president as Canadian transportation and logistics company integrates bankrupt courier BeavEx’s business.
Canadian transport firm says cross-border truckload and intermodal division had struggled with weak freight market in Northeast U.S.
Canadian transportation company reports strong performance across businesses following record 2018.
Alain Bédard says Canadian transport giant expects growth and acquisitions to continue on both sides of border.
TFI International Inc. wants to expand its last-mile business with the assets of U.S. courier BeavEX, which is seeking bankruptcy protection.
The U.S. truckload operations of TFI are mostly at CFI and Truckload America, and both had stronger quarters.
For the second time in just over a month, Canada’s TFI International has chipped to help the relief and rescue efforts of those devastated by a hurricane in the U.S.
Starting with just two trucks in Joplin, MO, in 1951, Contract Freighters Inc. (CFI) built a reputation for quality service, professional drivers, and being a good community partner. Today, CFI – after several name and ownership changes in the past 15 years – is reconnecting with the Joplin community and its customer base. The truckload carrier is home, even though it never left.