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TFI International Inc. (T:TFII)

Business Focus: Freight Trucking

Sector:  Industrials Industry:  Ground Freight & Logistics
Company Contact
Address: 8801 Rte Transcanadienne Suite 500
Tel: 1-647-7294079
IR: See website
Key People
Alain Bedard
Chairman of the Board, President, Chief Executive Officer
Christopher Traikos
Executive Vice President
David Saperstein
Chief Financial Officer
Paul A. Hoelting
President of TForce Freight Incorporated
Kal Atwal
Executive Vice President
Steven Brookshaw
Senior Executive Vice President - Truckload
Kristen Fess
Executive Vice President
Rick Hashie
Executive Vice President - Less Than Truckload
Robert Mcgonigal
Executive Vice President
Junior Roy
Executive Vice President
Business Overview
TFI International Inc. is a Canada-based company, which is engaged in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries. The Company identifies acquisitions and manages a network of wholly owned operating subsidiaries. The Company has four segments: Package and Courier, Less-Than-Truckload, Truckload and Logistics. Package and Courier segment is engaged in pickup, transport and delivery of items across North America. Less-Than-Truckload segment is engaged in pickup, consolidation, transport and delivery of smaller loads. Truckload segment is engaged in full loads carried directly from the customer to the destination using a closed van or specialized equipment. Includes expedited transportation, flatbed, tank, container and dedicated services. Logistics segment is engaged in asset-light logistics services, including brokerage, freight forwarding and transportation management, as well as small package parcel delivery.
Financial Overview
For the fiscal year ended 31 December 2023, TFI International Inc revenues decreased 15% to $7.52B. Net income decreased 39% to $504.9M. Revenues reflect Less than Truck Load segment decrease of 16% to $3.37B, Truck Load segment decrease of 21% to $1.94B, Package & courier segment decrease of 10% to $583.2M. Net income also reflects Less than Truck Load segment income decrease of 34% to $310.4M.
Employees: 25,123 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $19,365M as of Dec 31, 2023
Annual revenue (TTM): $10,211M as of Dec 31, 2023
EBITDA (TTM): $1,591M as of Dec 31, 2023
Net annual income (TTM): $685.42M as of Dec 31, 2023
Free cash flow (TTM): $717.39M as of Dec 31, 2023
Net Debt Last Fiscal Year: $2,727M as of Dec 31, 2023
Shares outstanding: 84,453,714 as of Feb 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization