TFI acquires family-owned LTL carrier with 210 trucks

0
10K


On Monday, logistics company TFI International announced the acquisition of a family-owned LTL carrier with headquarters in California and Canada.

 

In a March 11 statement, TFI announced the addition of US-to-Canada cross-border transportation company Hercules Forwarding, Inc. to TFI’s LTL business segment.

Terms of the acquisition were not disclosed.

 

Hercules Forwarding operates 210 trucks and nearly 600 trailers, generating $100 million in revenue annually. The company operates out of 31 terminals.

Hercules president, Marty Burnham and CFO, Melanie Burnham will join the TFI International team.

Family-owned Hercules Forwarding was founded in 1985. The company has headquarters in Vernon, California and New Westminster, B.C.

“This bolt-on acquisition fortifies our US LTL portfolio while adding cross-border LTL into Canada, creating a partner for our Canada-to-US shipments while offering synergy opportunities on both sides of the border,” stated Alain Bédard, Chairman, President, and Chief Executive Officer of TFI International. “Hercules’ impressively low claims ratio and skill at serving multiple premium freight markets moving high-value cargo across the US and Canada aligns well with our focus and operating philosophy. We are pleased to welcome Marty, Melanie, and the entire Hercules team to the TFI International family.”

Late last year, TFI announced the acquisition of flatbed carrier Daseke, Inc. for an enterprise value of $1.1 billion.



Search
Sponsored
Categories
Read More
Trucking News
Semi-Truck Hauling Ice Cream Catches Fire on Highway 58 Mount Vernon Off-Ramp in Bakersfield, Shutting Down Exit
BAKERSFIELD, CALIFORNIA — A semi-truck hauling ice cream caught fire early Tuesday morning,...
By Truck Drivers Life 2026-01-13 19:45:43 0 979
Trucking News
Driver Identified After Garbage Truck Leaves Scene of Fatal E-Bike Crash That Killed 26-Year-Old Man and Critically Injured Woman
WASHINGTON, D.C. — A 26-year-old man was killed and a woman remains in critical condition...
By Truck Drivers Life 2026-02-15 23:04:50 0 515
Trucking News
Driver who claimed to be hauling bananas indicted on human smuggling charges
A truck driver found transporting 115 undocumented immigrants has been indicted on human...
By MEGA MISTAKES 2021-08-20 23:39:59 0 12K
Trucking News
Warehouse argument between truckers ends in shooting
An argument between two truck drivers ended with one of them being shot in Texas on Sunday...
By MEGA MISTAKES 2022-08-31 12:40:03 0 12K
Video
Police suggest motorists ‘don’t get in the way’ of commercial vehicles during this bout of winter weather
A Utah police officer is suggesting that motorists ‘don’t get in the way’ of...
By Truck Drivers Life 2024-01-21 17:02:02 1 23K
News | Truck Drivers Life | Social Network for Truck Drivers https://www.truckdrivers.life