The TFI Acquisitions
The newly expanded CFI is an outgrowth of a series of acquisitions by TFI International, originally known as Transforce.
2003: TransForce Buys Canadian CF Subsidiary
TransForce Income Fund, Montreal, a Canadian transportation and logistics provider, buys substantially all the assets of less-than-truckload Canadian Freightways Limited from parent company Consolidated Freightways Corp., which was going through Chapter 11 bankruptcy in the U.S.
2007: Conway buys CFI
Conway was a non-union spin-off of old-time less-than-truckload carrier Consolidated Freightways. CF ceased operations in 2002, but the Conway LTL brand continued, and in 2007 bought CFI, based in Joplin, Mo., to create a truckload division, Conway Truckload. (CFI’s name is derived from Contract Freighters International.)
2014: Transforce buys Transport America
Transforce said the purchase of Eagan, Minn.-based Transport America would give it “critical mass in the highly fragmented truckload sector in the United States.”
2015: XPO Logistics buys Conway
XPO Logistics buys Conway, and Conway Truckload becomes XPO Logistics Truckload.
2016: Transforce buys Conway Truckload
The CFI name returns after XPO sells the Conway Truckload business to Transforce.
2016: Transforce Changes Name to TFI International
Transportation and logistics company TransForce changes corporate name to TFI International to reflect the increased geographic scope of its operations.
2021: TFI Buys UPS Freight
UPS sells its UPS Freight less-than-truckload division to TFI International Inc. for $800 million. (UPS created UPS Freight by buying Overnite in 2005.)It is rebranded TForce Freight.