TFI International says it won’t move to U.S. after shareholders object
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $1.44 a week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $5.77 plus GST every four weeks. After 52 weeks, price increases to the regular rate of $19.95 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 24/02/2025 (464 days ago), so information in it may no longer be current.
MONTREAL – TFI International Inc. says it’s going to stay a Canadian corporation instead of moving to the U.S. as previously announced.
The company announced last week it would relocate its legal headquarters south of the border to boost U.S. investment.
Almost three-quarters of TFI’s business comes from the U.S.
However, on Monday evening the company said that after receiving feedback from shareholders, the move won’t happen after all.
TFI shares also trade on the New York Stock Exchange.
The company’s latest quarter saw profits drop amid stronger competition and weaker demand, with recent acquisitions dragging on earnings.
This report by The Canadian Press was first published Feb. 24, 2025.
Companies in this story: (TSX:TFII)