TFI International strikes deal to sell CFI truckload and related U.S. business segments

TFI International has announced it will sell its U.S.-based CFI truckload and temperature-controlled fleets, as well as its Mexican logistics business, to Heartland Express for US$525 million. The sale includes about 2,000 tractors, 7,800 trailers, and 2,800 employees. TFI will retain the dedicated and U.S. logistics segments and hopes to improve margins in its remaining […]

Source: Truck News

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