TFI International
TFI International: North American Leader in Transportation and Logistics Solutions
Company Overview
Key Leadership
Executive Team:
- CEO: Alain Bédard
- CFO: David Saperstein
Employee Demographics:
- Global Workforce: 27,205
Equipment & Infrastructure
Specialized Equipment:
- Trucking Fleet: Operating over 14,000 company-owned power units and nearly 10,000 owner-operator tractors across North America
- Trailer Fleet: Utilizing nearly 50,000 trailers for freight, logistics, and specialized transport operations
Technology Platforms:
- TForce 3PL Platform: End-to-end logistics management system covering demand creation, delivery assignment, real-time shipment tracking, and carrier/driver settlement for over 375 carrier partners across North America
Warehouses & Logistics Hubs
Major Facilities:
- Montreal Terminal: Major transportation hub located in Montreal, QC, facilitating shipping throughout Canada with extensive capacity and strategic location
- Chicago Terminal: Key transportation hub in Chicago, IL, supporting shipping throughout the Midwest with significant operational scale
Certifications:
- ISO 9001:2015: Quality management system standard that ensures consistent product and service quality across certified operating companies within TFI International.
Operational Capabilities:
- Adjusted Operating Ratio: 93.1% for Less-Than-Truckload segment (Q1 2025)
- Free Cash Flow: $191.7 million for Q1 2025, up 40% year-over-year
- Return on Invested Capital: 14.4% for Q1 2025
Global Locations & Network
Extensive global network connecting businesses worldwide with reliable logistics solutions.
Geographic Scope:
TFI International operates an extensive transportation and logistics network spanning Canada, the United States, and Mexico, with 658 facilities (388 in the U.S. and 270 in Canada), over 14,000 trucks, and more than 7,500 independent contractors as of 2024. Its scale includes over 27,000 employees and a diverse customer base, making it one of the largest providers in North America with comprehensive geographic reach and service capabilities.
Strategic Hubs:
- Montréal, Canada: The Montréal hub serves as TFI International’s global headquarters and a central logistics hub, coordinating company-wide operations and supporting major freight flows throughout Eastern Canada and cross-border shipments.
- Toronto, Canada: The Toronto terminal is a key distribution center for TFI International, handling high volumes of freight for the Greater Toronto Area and acting as a strategic gateway for shipments across Canada and into the United States.
- Vancouver, Canada: The Vancouver terminal is a major port facility for TFI International, facilitating international trade with Asia and supporting west coast logistics and distribution.
- Winnipeg, Canada: The Winnipeg terminal is a critical trucking hub for TFI International, enabling efficient freight movement throughout the Canadian Prairies and serving as a central point for regional distribution.
- Calgary, Canada: The Calgary terminal supports TFI International’s operations in Western Canada, with a focus on serving the oil and gas sector and facilitating freight flows across Alberta and neighboring provinces.
- Chicago, USA: The Chicago terminal is a major Midwest hub for TFI International, supporting large-scale freight distribution throughout the central United States and connecting to national trucking and rail networks.
- Los Angeles, USA: The Los Angeles terminal is a key port and logistics hub for TFI International, managing significant import and export volumes and serving as a primary gateway for transpacific shipments.
- New York City, USA: The New York City terminal enables TFI International to efficiently serve the dense Northeastern U.S. market, handling high-value and time-sensitive shipments for business and financial sectors.
- Dallas, USA: The Dallas terminal is a major southern hub for TFI International, supporting freight distribution across Texas and the broader Southwest region.
- Houston, USA: The Houston terminal is strategically important for TFI International’s operations in the Gulf Coast, facilitating freight flows related to energy, petrochemicals, and international trade with Latin America.
Partnerships:
TFI International's strategic partnerships and alliances include a long-standing alliance with DHL for international services and a network of partnerships that enable customers to access more carriers, supporting its cross-border logistics and service optimization.
Carrier Partners & Alliances
Strategic partnerships and alliances that enhance our global reach and service capabilities.
Strategic Partnerships:
| Partner | Type |
|---|---|
| UPS Freight | Acquisition |
| Daseke Inc. | Acquisition |
| Siemens Transportation Group | Acquisition |
| Hot Line Freight Systems | Acquisition |
| Heartland Express | Divestiture/Strategic Transaction |
Service Portfolio
Comprehensive range of logistics and transportation services tailored to meet diverse customer needs.
Core Services:
- Package and Courier: Delivery of parcels and documents with time-definite options, leveraging a network of specialized subsidiaries for efficient and reliable service across North America
- Less-Than-Truckload (LTL): Transportation of freight shipments that do not require a full truck, offering cost-effective solutions for smaller loads through road and intermodal services
Value-Added Services:
- Customs Clearance and Brokerage: Facilitates the smooth import and export of goods by handling all customs documentation and compliance, reducing delays and ensuring shipments move efficiently across borders.
- Inventory Management: Provides real-time tracking and control of inventory, optimizing stock levels and improving supply chain efficiency for customers.
Digital Offerings:
- Microsoft Azure Cloud Services: Cloud-based application hosting and computing platform used for scalable IT infrastructure and digital transformation
Industry Reputation & News
Recognition and achievements that demonstrate our commitment to excellence and innovation.
Recent Developments:
- TFI Abandons Move to US After Shareholder Backlash: In early 2025, TFI International reversed its decision to relocate its legal headquarters to the United States following significant opposition from shareholders, maintaining its Canadian base and demonstrating responsiveness to investor concerns.
Analysis & Future Outlook
Strategic vision and future initiatives that will shape the next generation of logistics services.
Strengths:
- Extensive Network and Diversified Services: TFI International operates through more than 100 wholly-owned subsidiaries across North America, offering a comprehensive suite of transportation and logistics services that serve a broad range of industries and customer needs.
Weaknesses:
- High Dependency on North American Market: TFI International generates approximately 98.6% of its revenue from North America, limiting its global diversification and exposing it to regional economic risks.
Opportunities:
- Expansion Through Acquisitions: TFI International has a proven track record and ongoing strategy to grow by acquiring other companies, particularly in the truckload and less-than-truckload (LTL) sectors, with plans to accelerate this activity in 2025 and 2026.
Risks:
- Economic Downturn Impact: TFI International is exposed to risks from weaker market demand, which can lead to decreased revenues and operating income, as seen in recent quarters.
Strategic Initiatives:
- Growth Through Acquisitions: TFI International pursues a strategy of expanding its market presence and service capabilities by acquiring companies, particularly in the truckload and less-than-truckload (LTL) sectors, with a disciplined focus on integration and synergy realization.
Location & Maps
Find TFI International on popular mapping services.
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Products & Services
Core products and services offered by TFI International.
Package and Courier
Delivery of parcels and documents with time-definite options, leveraging a network of specialized subsidiaries for efficient and reliable service across North America
Less-Than-Truckload (LTL)
Transportation of freight shipments that do not require a full truck, offering cost-effective solutions for smaller loads through road and intermodal services
Customs Clearance and Brokerage
Facilitates the smooth import and export of goods by handling all customs documentation and compliance, reducing delays and ensuring shipments move efficiently across
Tools & Resources
Tools, portals, and operational resources for TFI International.
Latest News & Updates
Recent developments and updates for TFI International.
TFI International to Release 2025 Fourth Quarter Results
Less-Than-Truckload; Truckload; Logistics. TFI International Inc. is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII.
2026 FleetOwner 500: For-Hire list
Schneider National edges past TFI in the 2026 FO500, while the Top 10 carriers remain unchanged, showing stability at the largest U.S. fleets. Mergers and acquisitions drove major fleet movements, demonstrating how strategic deals continue to reshape ...
TFI International Announces 2025 Fourth Quarter and Full-Year Results
Fourth quarter operating income of $127.2 million compares to $160.2 million in the same prior year quarter Fourth quarter net income of $71.7 million compares to $88.1 million in Q4 2024, while adjusted net income 1 of $89.5 million compares to $101.8 ...
Buyers' Guides
Guides and reference material related to TFI International.
Importing with TFI International
Step-by-step guide to importing cargo using TFI International.
Exporting with TFI International
Key considerations when exporting through TFI International.
TFI International Compliance Checklist
Documentation and regulatory requirements.
For More Info
Third-party resources, government portals, ratings, and more.
Government & Resources
Ratings
Financial & Investor Relations
Frequently Asked Questions
Common inquiries about operations and logistics at TFI International.
What is TFI International known for?
TFI International is a global freight forwarding and logistics provider specializing in over-the-road trucking and intermodal transportation. They’re particularly recognized for their extensive network and expertise in handling complex, time-sensitive shipments across North America and beyond.
How does TFI International manage customs brokerage for imports?
TFI International offers comprehensive customs brokerage services for imported goods, simplifying the import process for their clients. They handle all aspects of customs clearance, including documentation preparation, duty assessment, and liaison with customs authorities to ensure compliant and efficient entry of goods into the destination country.
What types of export solutions does TFI International provide?
TFI International provides a range of export logistics solutions tailored to different industries and commodity types. This includes full container load (FCL) and less than container load (LCL) shipments, as well as specialized services like origin consignees and export regulatory compliance assistance.
What geographic regions does TFI International serve?
TFI International operates globally, with a significant presence in North America, Latin America, and Europe. They have a network of offices and strategic partnerships allowing them to facilitate shipments to virtually any destination worldwide, offering truly international transportation solutions.
Can TFI International handle refrigerated transportation for imports?
Yes, TFI International has significant capabilities in refrigerated transportation for imported goods, including temperature-controlled trucking and intermodal solutions. They manage all aspects of temperature-sensitive shipments, ensuring product integrity and adhering to strict cold chain regulations throughout the logistics process.
