TST-CF Express | |
Formerly |
|
Company type | Subsidiary |
Industry | Transportation |
Founded | 1928Woodstock, Ontario, Canada | in
Founder | Samuel Axelrod |
Headquarters | , Canada |
Key people | Wayne Gruszka (President) |
Number of employees | 1,095 |
Parent |
|
Subsidiaries | TST Truckload TST Expedited Services |
Website | tst-cfexpress |
Footnotes / references [1][2] |
TST Solutions L.P. (doing business as TST-CF Express) is a Canadian less than truckload (LTL) freight carrier located in Mississauga, Ontario, Canada. TST-CF offers nationwide Canadian service and partners with US-based LTL carrier Saia to provide international services to and from the United States.[3] TST-CF Express is a subsidiary of TFI International, a Canadian transportation conglomerate and Canada's largest LTL business[4] and trucking fleet.[5] TST-CF Express was the result of the 2020 merger of two TFI subsidiaries: TST Overland Express and Canadian Freightways.[6]
TFI International is a Canadian transport and logistics company based in Montreal, Quebec. It operates across Canada through 4 business segments. It has Canada's largest and ranked 14th in terms of revenue in 2005 among North American LTL carriers[7] (however more recent lists such as State's largest trucking companies coping with tough economy. – Free Online Library suggest it may be closer to top 5 (2010 1st qtr revenue transforce $466.1 million versus 5th ranked US company $359.9 million[8])). Its trucking fleet consists of 6700 power units and 12000 trailers.[9] Two thirds of its business comes from operations in Eastern Canada while the rest is from Western Canada.
The company's main source of growth has been complete takeovers (it holds no stakes in other companies) of smaller trucking companies (35 since 1992) which are then made into subsidiaries, though more recently organic growth contributed to the 53% rise in freight in the first half of 2010.[10] In December 2010 Transforce will enter the US market when it agreed in principle to purchase Dallas based Dynamex with a $248 million takeover offer. In the 12 months leading up to October 31, 2010 Dynamex made $418 million in revenue (about a quarter as much as Transforce).[11]
The company has 1,685 Power and Trailing equipment and covers 10 Canadian Provinces and 50 U.S. States[12]