TFI acquires Cavalier Transportation Services

TFI International Inc. (TSX: TFII; OTCQX: TFIFF), formerly known as TransForce Inc., has acquired Cavalier Transportation Services Inc. Financial terms were not disclosed.

Bolton, Ontario based Cavalier’s operations consist of LTL and truckload services, brokerage, and warehousing. Cavalier serves corridors primarily between Ontario, Quebec, New York and Illinois.

Established in 1979, Cavalier will operate as a standalone business unit within TFI.

photo credit: Cavalier Transportation Services

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, the most sophisticated and advanced all private capital and public market financing database.