- Business
- TFI International Inc. TFI International Inc. is a leading North American transportation and logistics company that operates through four primary business segments: less-than-truckload (LTL), truckload, package and courier, and logistics; its LTL segment, representing approximately 41% of revenue, includes road and intermodal services through subsidiaries such as TForce Freight, TST-CF Express, Cavalier, and Clarke Transport with a vast network of facilities across the US and Canada; the truckload segment, about 39% of revenue, encompasses dry-van full truckload, flatbed, tank, dump, oversized, and other specialized services via over 50 operating companies including BTC East, BTC West, Contrans Flatbed Group, Contrans Tank Group, and Fleetway, supported by a modern fleet of more than 19,500 trucks and 42,700 trailers; the package and courier segment delivers same-day parcel, expedite, and last-mile services nationwide in the US and Canada through entities like Canpar Express, ICS Courier, Loomis Express, and TForce Integrated Solutions; while the logistics segment, around 20% of revenue, offers asset-light solutions including supply chain management, freight brokerage, warehousing, intermodal, and transportation planning via 25 operating companies such as TForce Logistics, Axsun, Craler, and FreightLine USA. The company serves a diverse customer base across industries including retail, manufactured goods, building materials, automotive, metals and mining, and food and beverage, with primary operations in the United States (70% of revenue), Canada (30%), and Mexico, generating over US$8 billion in revenue in 2024 from more than 650 facilities and 26,200 employees. Founded in 1957 and headquartered in Saint-Laurent, Quebec, Canada, TFI International has grown through over 130 acquisitions, including the transformative US$800 million purchase of UPS Freight in 2021 rebranded as TForce Freight, the US$1.1 billion acquisition of Daseke in April 2024 enhancing specialized flatbed and heavy-haul capabilities, Hercules Forwarding in March 2024 for LTL expansion, Entreposage Marco in June 2024 for food-grade hauling, and Groupe CRS Express in July 2024 for additional flatbed services; in February 2025 it announced plans to relocate headquarters to the US citing 70% operations there but abandoned the move following shareholder opposition.