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., MBA, is the Editor of Private Capital Journal and former Editor of Canadian Private Equity. A seasoned researcher, Ted has been passionately tracking Canadian private capital industry since 1992. Ted most recently served as Research Director for Canadian Venture Capital and Private Equity Association (CVCA) from 2013 to 2016.