LA MALBAIE, Que. – Alain Bedard, chief executive officer of TFI International, is emphasizing the value of a stable workforce — and warning carriers to avoid the temptation of adding capacity at a time when the demand for transportation is exceptionally strong.
MONTREAL, Que. – TFI International has purchased Normandin Transit, one of the highest-profile fleets in Quebec.
The Napierville operation had grown to 300 tractors and 1,000 trailers since being founded in 1988, and offered LTL and truckload services across North America. It will now run as a unit within TFI’s LTL operating segment but will continue to be led by siblings Danielle and André Normandin.
TORONTO, Ont. – The Today’s Trucking Top 100 has become the definitive ranking of for-hire fleet sizes in Canada, offering insights into those who are adding or retracting available capacity. And the 2018 edition has been released. Rankings are based on a sum of supplied truck, tractor, and trailer counts (shown at the bottom of each listing)
JOPLIN, MO – Greg Orr will be taking the helm at CFI. The full-truckload carrier and division of TFI International promoted Orr today, while moving Michael Hinz into the role of senior vice president of sales & operations.
“Greg has been the driving force behind many of our recent accomplishments, and bringing Michael to CFI further supports our efforts to create a world class leadership team,” stated Greg Rumble, Chief Financial Officer of TFI.
JOPLIN, MO – CFI, a truckload carrier that’s a division of TFI International, has named Angela Ridge as vice president – human resources. She will report to Tim Staroba, CFI’s president. Bert Johnson, who had held the role, is retiring […]
MONTREAL, QC – TFI International believes recent improvements in the U.S. truckload market will allow it to increase contract renewal rates through 2018.
MONTREAL, QC – Pure Industrial Real Estate Trust (PIRET) will buy and lease back four TFI International properties, Canada’s largest fleet has announced.
The $135.7-million deal includes two facilities in Montreal, and another two in Toronto, and represents less than 20% of the net book value of TFI’s real estate portfolio.
“This transaction underlines our continuous efforts to unlock shareholder value,” said Alain Bédard, chairman, president, and Chief Executive Officer of TFI International. “Through this sale, we believe TFI has realized market value for these real estate assets.
MONTREAL, QC – TFI International remains “cautiously optimistic” about the North American economy because of low unemployment, healthy consumer spending, and a bit of a rebound in energy-related investments, says Alain Bedard, chairman, president and Chief Executive Officer. The company just doesn’t expect any significant improvement before the end of the year.
MONTREAL, QC – TFI International has announced today it’s renamed Dynamex Canada, Dynamex U.S. and Hazen Final Mile as TForce Final Mile. The businesses are part of TFI’s Package and Courier division, and generated $1.3 billion in 2016.
MONTREAL, QC – CN, and TFI International will continue to develop domestic intermodal business in Canadian markets under an agreement announced last week.
Meyers Transport is gone. After 90 years in -business, and decades on Today’s Trucking’s Top 100 list of Canada’s largest for-hire carriers, the -eastern Ontario fleet shut its doors in mid-January. High capacity and aggressive rate cutting in the Less-than-Truckload (LTL) sector were blamed along with a general downturn in the region’s industrial activity. “It is sad to think there won’t be any trucks and trailers going up and down the road with ‘Meyers’ on it anymore,” observed chairwoman Natalie Meyers, part of the fourth generation in the family business. The family’s Mortrans truckload and dedicated -specialty service continues, as does Mosaic Logistics, but 190 people lost their jobs.