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2022-08-23 15:52:45 -

Heartland Express to acquire CFI assets from TFI for $525 million
On Monday, Heartland Express, Inc. announced the purchase of certain Contract Freighters Inc. (CFI) assets from TFI International, Inc. According to the Monday announcement, Heartland will acquire Joplin, Missouri-based CFI’s non-dedicated U.S. dry van and temperature-controlled truckload business and CFI Logistica operations in Mexico from TFI for $525 million. The acquisition...

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2024-03-13 13:18:20 -

TFI acquires family-owned LTL carrier with 210 trucks
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...

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2024-04-07 16:45:53 -

TFI completes acquisition of Daseke for $1.1 billion
This week, TFI International Inc. completed the previously announced acquisition of the largest North American flatbed and specialized trucking company for more than a billion dollars. On April 1, 2024, Canada-based logistics company TFI announced that the acquisition of Daseke, Inc. for an enterprise value of $1.1 billion is now complete. The acquisition plans...

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