CORPORATE OVERVIEW
DELIVERING MORE THAN FREIGHT
Information as of March 2024
WELCOME TO THE TFI INTERNATIONAL
SUCCESS STORY
In our short history, we have expanded through more than 90 acquisitions to become a North American leader in the transportation and logistics industry.
In 2023, TFI International generated US$6.4 billion in revenue supported by approximately 25,000 employees across 600 facilities in the United States and Canada. Despite this exceptional growth, we have always remained true to our roots, particularly the communities we serve and the environment we strive to protect. In the following pages, we will share with you our unique journey and what distinguishes TFI International from other competitors in the industry.
In a nutshell, the key differentiator revolves around our mission: "Delivering more than freight". I hope you enjoy reading about our remarkable story.
Alain Bédard, FCPA
Chairman of the Board,
President and Chief Executive Officer
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THE COMPANY HAS A
DIVERSE CUSTOMER BASE
ACROSS A BROAD CROSS-SECTION OF INDUSTRIES
Through strategic acquisitions, we manage a growing network of wholly owned operating subsidiaries.
Revenue by top customers by industry:
Retail | 24% |
Manufactured goods | 14% |
Automotive | 12% |
Building materials | 12% |
Food and beverage | 8% |
Metals and mining | 7% |
Services | 5% |
Others | 18% |
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OVERVIEW OF OUR COMPANY
Top 10 transportation and logistics provider in North America.
Revenue by Geography (FY 2023)
66% | 34% |
United States | Canada |
25,100+ | 90+ |
Employees | Operating Companies |
590+ 34,600+
FacilitiesTrailers
18,900+
Tractors (11,400 owned and 7,500 independent contractors)
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NYSE AND TSX: TFII
TFI International is listed on the New York Stock Exchange since early 2020, marking a new chapter in our Company's history. Over the past few years, TFI has created exceptional value for its stakeholders.
Stock Chart - NYSE: TFII
<$US12 billion
Market Capitalization
$150
$100
$50
$0
2020 | 2021 | 2022 | 2023 | 2024 |
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EXPERIENCED LEADERSHIP TEAM WITH EXTENSIVE INDUSTRY EXPERIENCE
Alain Bedard | David Saperstein |
Chairman of the Board, | Chief Financial Officer |
President and CEO |
Kal Atwal | Steven A. Brookshaw | Kristen Fess | Rick Hashie | |
Executive Vice-President | Senior Executive Vice-President | Executive Vice-President | Executive Vice-President | |
Canadian LTL and US Logistics | Truckload and Specialized | Truckload and Specialized | Logistics: Canada and US | |
Truckload: Canada and US | Truckload: Canada | |||
Bob McGonigal | Justin Paul | Junior Roy | Christopher Traikos |
Executive Vice-President | Executive Vice-President | Executive Vice-President | Executive Vice-President |
LTL: US | Truckload: Western-Canada | Truckload: Quebec | Package and Courier: |
and Western-US | Canada and US | ||
LTL: US |
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OUR PEOPLE:
PROFESSIONAL,
ATTENTIVE AND
DEDICATED
Our team is united in our dedication to giving the best possible service and experience. This commitment not only extends to our delivery practices, but also to our treatment of customers, partners and shareholders. By always following through with quality care and striving to protect the environment, we intend to inspire trust in all communication and business activities with all stakeholders.
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TFI INTERNATIONAL PLATFORM OVERVIEW
SATISFACTION IN SOLUTION. EXCELLENCE IN EFFICIENCY.
LESS-THAN-TRUCKLOAD | TRUCKLOAD | LOGISTICS | ||
44% | 26% | 22% |
2023 | 2023 | 2023 |
PACKAGE & COURIER
8%
2023
- Over-the-roadand asset-light intermodal LTL services
- Significant scale in both US and Canada, now with TForce Freight
- Vast facility network spread across the US and Canada in uniquely located cities
- Significant owned real estate portfolio of terminals and hubs
- Dry-vanfull truckload
- Flatbed, tanks, dumps, oversized and other specialized services in US and Canada
- Modern fleet
- Company owns majority of assets and has long established partner- carrier relationships
- Same-dayparcel delivery nationwide in the United States and Canada
- LTL truck brokerage and other asset-light logistics services
- Expedite shipping and last-mile services create exposure to the booming eCommerce growth
- Next-daydelivery in Canada and globally through partnership with DHL
- Specialized supply chain services
- Well-positionedin capturing growth from increasing eCommerce delivery demand
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LESS-THAN-TRUCKLOAD
BEST-IN-CLASS TECHNOLOGY
We offer clients a web-enhanced experience for facilitating and expediting their orders and inquiries. Our innovative systems are designed to facilitate on-time and damage-free transportation of customer freight.
EFFICIENT NETWORK
Leveraging our capabilities in asset-light intermodal activities allows us to generate higher returns.
BEST-IN-CLASS CAPABILITIES
We provide enhanced management of multiple providers, improved service levels, and a disciplined approach to adapting supply to demand.
44% | 14 | ||
View Companies | |||
of total 2023 revenue | Operating Companies | ||
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TRUCKLOAD
MODERNIZED FLEET
Our tractors and trailers are equipped with the latest technology to track and measure capacity.
CARRIER ACCESS
We have long-established partnerships that enable customers to access more carriers.
ASSET OPTIMIZATION
Implementing cost-lowering practices and optimization programs, we are able to maintain our financial strength under challenging conditions.
26% | 49 | ||
View Companies | |||
of total 2023 revenue | Operating Companies | ||
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Disclaimer
TFI International Inc. published this content on 03 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 May 2024 19:04:03 UTC.