TFI International Revitalising a transportation legacy 70 years in the making

Fuelled by red-hot demand, high private sector employment, and rising corporate profitability, Canada’s economy-wide output expanded for seven consecutive months following April this year and has risen 4.0% since August 2021, according to Statistics Canada. Bolstered by the country’s standout performance on the world stage, Canadian businesses have taken the opportunity to increase their capital expenditure, with Deloitte projecting a 10.2% increase in business investment spending on structures, machinery, and equipment by the end of 2022.

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Canada's trucking industry forms the backbone of its economy and plays an essential role in unlocking the country's wealth of natural resources and leveraging its USD 2.6B daily trade in goods and services with the USA as part of the world's most comprehensive trading relationship. In 2018, the industry generated an annual revenue of CAD 39.55B from 66.5M shipments, according to Statista, and supported a record-high total goods trade of USD 1.2T. The industry employs around 1.5% of Canada's total population, with more than 300,000 truck drivers working across 88,000 for-hire carriers.

Founded in 1957, TFI International is a leading publicly traded North American transportation and logistics company and the largest Canadian for-hire carrier by revenue, serving customers in the USA and Canada with its package & courier, less-than-truckload (LTL), truckload, and logistics operations. TFI has an extensive network of 550 facilities and a vast e-commerce network spanning more than 80 North American cities.