TFI International Inc. is a Canadian transport and logistics company based in Saint-Laurent, Quebec, a borough of Montreal.
[1] The company was founded by Reno and Réal Émond in 1957 as a regional trucking service in Cabano, Quebec.
The purchases increased Cabano's fleet from 700 to 5,000 vehicles[9] making it the largest trucking company in Quebec and fourth-largest in Canada.
[10] Cabano Expeditex was forced to restructure its finances under pressure in 1988 and the next year reported losses of CA$16 million.
The combined company operated 1,200 trucks, 3,400 trailers, and 63 service centers, and about 3,000 employees in eastern Canada and 19 northern US states.
[12] In 1997, Cabano Kingsway made significant management changes focused on operational efficiency and cost reductions.
The division focuses on the retail and supply chain sectors and was renamed TForce Integrated Solutions on January 1, 2014.
Speedy focused on the US market and was merged with TransForce's prior US-based energy services acquisition, Hemphill Trucking, to form Hemphill-Speedy.
[23] TransForce moved into the US parcel market with its December 2010 acquisition of Dallas-based Dynamex (Nasdaq: DDMX) for US$248 million.
The company provided parcel delivery and logistics services in both the US and Canada and had reported revenues of US$418 million in the fiscal year ending October 31, 2010.
[24] Additional parcel expansion came in June 2011 when TransForce acquired the domestic Canadian business of DHL Express.
[27] A months long campaign by TransForce to acquire one of its largest rivals, Canadian truckload carrier Contrans Group Inc., and its subsidiaries for CA$495 million[28] completed successfully on January 15, 2015.
[32][33] In December 2016 the company changed its name to TFI International in a move it said "better reflects the increased geographic scope of its operations.
[46] The division's core LTL services were rebranded TForce Freight and would continue to operate out of the carrier's Richmond, Virginia headquarters.
[52] In July the same year, TFI acquired Groupe CRS Express, a flatbed and heavy-haul carrier based out in Canada.
[53] In February 2025, TFI announced their intention to move their headquarters to the U.S.[54] The company claims 70% of its operation in that country.
Notable members of the TFI board include former president, CEO, and chairman of the National Bank of Canada André Bérard, former founder and president of CF Montréal Joey Saputo, and former journalist and National Assembly of Quebec member Richard Guay.
Bouchard had held a number of senior political positions in Canada including Secretary of State, Premier of Quebec, and Ambassador to France.
Most divisions and subsidiaries primarily handle general freight but some are specialized around certain industries such as chemical transportation and medical logistics.
Notable subsidiaries in this segment include:[65] Since 1997,[13] TFI's primary growth strategy has been through acquisitions having acquired over 180 companies between 1996 and 2020.
[8] These include a number of major transportation-related investments and dozens of "tuck-in" acquisitions intended to complement existing operations.