TFI International Inc (TFII) Sector
Industrials

(Current) $138.14
-3.02 (-2.14%) Open Price: 140.63

 

TFI International Inc. is a Canadian transportation and logistics company. It was founded in 1957 and is headquartered in Montreal, Quebec. The company operates in Canada, the United States, and Mexico and provides a range of transportation services to various industries, including retail, consumer goods, and manufacturing.

 

TFI International operates through various subsidiaries that specialize in different transportation services, including less-than-truckload (LTL), truckload (TL), parcel, courier, and logistics. The company's LTL division, TForce Freight, offers shipping services for larger items that do not require a full truckload. Its TL division, TForce Logistics, provides customized transportation solutions for businesses with special requirements, such as temperature-controlled shipping. The company's parcel and courier division, TForce Final Mile, offers delivery services for small packages and goods.

 

In addition to transportation services, TFI International provides logistics and supply chain solutions. Its logistics division, TFI Logistics, offers customized logistics solutions to businesses of all sizes. The company also provides warehousing and distribution services through its subsidiaries, including Canpar Express and ATI Trucking.

 

TFI International has been expanding its presence in the United States through acquisitions. In 2019, the company acquired DLS Worldwide, a transportation brokerage firm based in Illinois. In 2020, TFI International acquired Gusgo Transport, a truckload carrier based in Texas. These acquisitions have helped the company to diversify its services and expand its reach in the North American market.

 

The company has received recognition for its operations and financial performance. In 2020, TFI International was named to the Forbes list of Best Employers in Canada. It has also been included in the Globe and Mail's annual ranking of Canada's Top 1000 Companies.

 

TFI International has continued to invest in technology to improve its operations and services. The company has developed an online platform, TForce Digital, that allows customers to book, track, and manage their shipments online. It has also developed a mobile app for its drivers to improve communication and efficiency. These investments in technology have helped TFI International to enhance its customer service and streamline its operations.

 



 

(10/16/24) $140.63
(10/18/24) $141.16
(10/18/24) (Qty.)226,687
(10/16/24) $140.12
(10/16/24) $142.36
(10/06/24) $132.62
(10/13/24) $142.36
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