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TFI International Inc. completes acquisition of Hercules Forwarding, Inc. to strengthen US LTL portfolio and add cross-border LTL into Canada

PUBLIC · TFIIMar 11, 2024

Acquiring Company

TFI International

Acquired Company

Hercules Forwarding

MontrealMontrealOil And GasTransportationLogisticsTransportationAutomotiveLogistics

Description

TFI International Inc., a North American leader in the transportation and logistics industry, has announced the acquisition of Hercules Forwarding, Inc. This strategic move strengthens TFI's US LTL portfolio and expands its capabilities to provide cross-border LTL services into Canada, creating synergy opportunities on both sides of the border. The addition of Hercules reinforces TFI's focus on providing high-quality transportation and logistics services.

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Company Information

Company

TFI International

Location

Montreal, Quebec, Canada

About

TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly owned operating subsidiaries. The company is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII.

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Frequently asked

Who acquired Hercules Forwarding?

Hercules Forwarding was acquired by TFI International, based in Montreal. The deal was reported on March 11, 2024. TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries. TFI International is publicly traded (TFII) and operates in Oil And Gas.

When did TFI International acquire Hercules Forwarding?

TFI International's acquisition of Hercules Forwarding was reported on March 11, 2024. TFI International Inc., a North American leader in the transportation and logistics industry, has announced the acquisition of Hercules Forwarding, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hercules Forwarding do?

Hercules Forwarding, Inc. is a family-owned Less-Than-Truckload (LTL) carrier with an emphasis on intra-US and US-to-Canada cross-border transportation. It is privately held, operating in Transportation, and is based in Montreal.

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