TFII 📈 TFI International - Overview

TFI International Inc. is a leading provider of transportation and logistics services, operating across the United States and Canada through a diverse range of segments, including Package and Courier, Less-Than-Truckload, Truckload, and Logistics. The company's Package and Courier segment focuses on the pickup, transport, and delivery of items throughout North America, leveraging its extensive network to ensure timely and efficient delivery. This segment is critical in supporting the e-commerce industry, as well as various businesses that rely on rapid and reliable transportation of packages.

The Less-Than-Truckload segment is specialized in the pickup, consolidation, transportation, and delivery of smaller loads, which are typically less than a full truckload. This service is particularly useful for businesses that need to transport smaller quantities of goods, as it allows them to share transportation costs with other companies. The Truckload segment, on the other hand, offers a range of services, including expedited transportation, flatbed, tank, container, and dedicated services, catering to the needs of customers who require full-load shipments. This segment utilizes a combination of company-owned equipment and independent contractors to provide flexible and efficient transportation solutions.

The Logistics segment provides a comprehensive suite of asset-light logistics services, including brokerage, freight forwarding, and transportation management. This segment enables customers to outsource their logistics operations, allowing them to focus on their core business activities while benefiting from TFI International's expertise and network. Additionally, the company offers small package parcel delivery services, further expanding its capabilities in the logistics arena. As of December 31, 2023, TFI International operates an extensive fleet of 11,455 trucks, 34,599 trailers, and engages 7,504 independent contractors, underscoring its significant presence in the North American transportation and logistics market.

With a history dating back to 1957, TFI International has evolved significantly over the years, adapting to changing market conditions and customer needs. Formerly known as TransForce Inc., the company changed its name to TFI International Inc. in December 2016, reflecting its expanded scope and international reach. Headquartered in Saint-Laurent, Canada, TFI International is listed on the New York Stock Exchange under the ticker symbol TFII, and its common stock is classified under the GICS Sub Industry of Cargo Ground Transportation. For more information, investors and customers can visit the company's website at https://www.tfiintl.com, with the ISIN code being CA87241L1094.