Montreal transport giant TFI acquires Bolton, Ont. shipping company
TFI International Inc., formerly known as TransForce, has acquired Cavalier Transportation Services Inc., a small freight company based in Bolton, Ont.
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MONTREAL—TFI International Inc., a Montreal-based transport and logistics company, announced today the acquisition of Cavalier Transportation Services Inc.
Cavalier’s operations consist of small freight transport (LTL) and truckload services (TL), brokerage, and warehousing. Based in Bolton, Ont., Cavalier serves corridors between Ontario, Quebec, New York, and Illinois.
TFI, which changed its name from TransForce in December, has said that Cavalier will operate as a standalone business unit within its corporate structure.
“The acquisition of Cavalier will add density to our LTL network and bring value-added services such as brokerage and warehousing. We are encouraged with the possibilities to further serve our LTL and TL customers,” said Alain Bédard, chairman, president, and chief executive officer of TFI International.
The acquisition follows the purchase of a medical shipping company, World Courier Ground U.S., and the Brampton, Ont. logistics firm National Fast Freight. Both transactions took place earlier this month.