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Overview
TFI International is a North American transportation and logistics company that offers a wide range of services, including package and courier delivery, truckload and less-than-truckload transportation, and logistics and supply chain solutions. Founded in 1957, TFI International operates in the United States, Canada, and Mexico and has a diverse portfolio of brands and subsidiaries. The company is headquartered in Montreal, Quebec, Canada and is publicly traded on the Toronto Stock Exchange (TSX: TFII) and the New York Stock Exchange (NYSE: TFII). History and evolution of TFI International TFI International, originally known as Transport Forest Inc., was founded in 1957 by Normand Dube, Leo Garneau, and Marcel Phaneuf as a small trucking company in Quebec, Canada. In the early years, the company focused on serving the forestry industry, transporting wood and other materials for pulp and paper mills. In the 1960s, TFI International expanded its operations by acquiring and merging with other trucking companies in Quebec. By the 1970s, the company had grown into one of the largest trucking companies in Eastern Canada and had diversified its services to include general freight transportation. In the 1980s, TFI International continued to expand its operations by acquiring trucking companies in Ontario, the United States, and Mexico. The company also started offering package and courier delivery services through its subsidiary, Canpar Courier. In the 1990s, TFI International continued its growth through strategic acquisitions and expansions into new markets. In 1998, the company went public and began trading on the Toronto Stock Exchange (TSX) as TransForce Inc. In the early 2000s, TFI International further expanded its operations and services by acquiring companies in the logistics, warehousing, and supply chain management sectors. In 2006, the company changed its name from TransForce Inc. to its current name, TFI International, to better reflect its diverse range of services. In the following years, TFI International continued to grow and expand its operations in North America. In 2019, the company acquired renowned trucking company, UPS Freight, expanding its presence in the United States. Today, TFI International is one of the largest trucking and logistics companies in North America, with a network of over 1,800 operating locations, 16,000 tractors, and 29,000 trailers. The company serves a wide range of industries, including retail, manufacturing, healthcare, energy, and more. TFI International is also recognized as one of the best-managed companies in Canada, with a strong commitment to sustainability, customer service, and employee satisfaction.
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