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.
This story is from the January 27, 2023 edition of Newsweek US.
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This story is from the January 27, 2023 edition of Newsweek US.
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