Canadian Manufacturing

Transforce buys Brampton, Ont. logistics firm National Fast Freight

Deal increases company's presence in intermodal segment, follows major US$558 million Con-Way acquisition last fall

Print this page

MONTREAL—TFI International Inc. has purchased Brampton, Ont.-based transportation and logistics company National Fast Freight for an undisclosed price.

NFF is currently a subsidiary of Calyx Transportation Group Inc. and offers less-than-load, or LTL, intermodal services across Canada.

TFI, which was known as TransForce until it re-branded last month, said it will keep the Toronto-area company’s current management in place and intends to allow NFF to operate as an independent business unit.

“The acquisition of National Fast Freight is a strategic step which builds upon our existing foundation in the intermodal segment,” Alain Bédard, the company’s chairman, president and CEO, said in a statement.

The deal follows TFI’s US$558 million acquisition of Con-Way Truckload last fall—an agreement Bédard said made it a “somebody.”

The company officially changed its name in December. It said the switch reflects its evolving geographic footprint—particularly its expansion in the U.S. and Mexico.

Print this page

Related Posts from the network