- CEO
- Alain Bedard
- Full Time Employees
- 26,312
- Sector
- Industrials
- Industry
- Trucking
- Address
- 8801 Trans-Canada Highway Saint-Laurent QC Canada H4S 1Z6
- IPO Date
- Nov 15, 2005
- Business
- TFI International Inc. is a leading North American transportation and logistics company operating through four primary segments: Less-Than-Truckload (LTL), Truckload, Logistics, and Package and Courier; it provides comprehensive services including pickup, consolidation, transportation, and delivery of smaller loads in LTL; full truckload services encompassing dry-van, flatbed, tank, container, dedicated, expedited, and specialized hauling such as oversized, dumps, and food-grade liquids; asset-light logistics solutions like brokerage, freight forwarding, transportation management, warehousing, intermodal, and supply chain management; and same-day parcel delivery, last-mile services, and LTL brokerage tailored for e-commerce growth. The company serves a diverse customer base across industries including retail (19%), manufactured goods (17%), building materials (13%), automotive (10%), metals and mining (10%), and food and beverage (8%), with primary operations in the United States (70% of revenue), Canada (30%), and Mexico through over 95 operating subsidiaries and 650 facilities; it maintains a modern fleet of more than 19,500 trucks (13,511 owned and 6,044 independent contractors), 42,700 trailers, and around 26,200 employees. Founded in 1957 and headquartered at 8801 Trans-Canada Highway, Suite 500, Saint-Laurent, Quebec, Canada H4S 1Z6, TFI International employs advanced technologies such as collision avoidance, GPS tracking, electronic logging devices, and route optimization to ensure safety, efficiency, and environmental sustainability, with features like propane-fueled vehicles in Package and Courier and GHG emission-lowering equipment. Recent developments include multiple acquisitions in 2024, such as Manitoba-based LTL carrier Keystone Western, food-grade liquids hauler Entreposage Marco Inc., less-than-truckload specialist Hercules Forwarding Inc. (enhancing US LTL and cross-border capabilities), bulk transportation provider Sharp Trucking Services, and food-grade liquids carrier LJW Tank Lines as its fifth takeover that year; earlier integrations like the $1 billion purchase of flatbed carrier Daseke in 2023 bolstered specialized truckload offerings ahead of paused spinoff plans due to sluggish freight markets; operational restructurings in Q2 2025 improved US LTL efficiencies at TForce Freight by reducing rail dependency from 30% to 20% on linehaul routes, enhancing sales teams for small and medium accounts, and focusing on asset-light brokerage models; and in Q2 2025, revenue before fuel surcharge dipped to $1.8 billion amid challenges, though operating margins improved sequentially with LTL operating ratio at 89.5% versus 93.1% prior. TFI International continues aggressive M&A pursuits, targeting substantial US truckload and LTL deals potentially worth up to $5 billion by late 2025 or early 2026 while prioritizing profitability and network synergies across North America.