TFI International Acquires Keith Hall & Sons
July 31 2020 - 4:57PM
TFI International Inc. (NYSE and TSX: TFII), a North American
leader in the transportation and logistics industry, today
announced that it has acquired Keith Hall & Sons Transport
(“KHS”). Established in 1965 and headquartered in Burford,
Ontario, KHS began in the milk hauling business and has grown to
become one of Ontario's leading family-owned and operated
transportation businesses, hauling liquid and dry foods and general
freight across North America.
KHS, which generates approximately CAD $30
million in annual revenue, has more than one hundred full-time
company drivers and nearly 20 part-time company drivers and
owner-operators. The company operates a high-quality fleet
including close to 120 company tractors and more than 200 trailers
including tanks, vans and reefers. KHS also operates a
food-grade tank washing facility at its Burford headquarters.
“Keith Hall & Sons fits exceptionally well
with our food grade transportation business and we welcome the
entire KHS team to TFI International,” stated Alain Bédard,
Chairman, President and Chief Executive Officer of TFI
International. “KHS hauls similar products to our various
tank companies and we expect to create significant synergies.
As our third acquisition within specialized Truckload this
year, KHS is another strategic addition to the growing TFI family
of operating companies and we are pleased that KHS and its team
continue their rapid growth as part of our organization.”
ABOUT TFI INTERNATIONAL
TFI International Inc. is a North American
leader in the transportation and logistics industry, operating
across the United States, Canada and Mexico through its
subsidiaries. TFI International creates value for shareholders by
identifying strategic acquisitions and managing a growing network
of wholly-owned operating subsidiaries. Under the TFI International
umbrella, companies benefit from financial and operational
resources to build their businesses and increase their efficiency.
TFI International companies service the following segments:
- Package and Courier;
- Less-Than-Truckload;
- Truckload;
- Logistics.
TFI International Inc. is publicly traded on the
New York Stock Exchange and the Toronto Stock Exchange under the
symbol TFII. For more information, visit www.tfiintl.com.
For further information:Alain BédardChairman,
President and CEOTFI International
Inc.647-729-4079abedard@tfiintl.com
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