• ITVI.USA
    12,516.750
    -9.230
    -0.1%
  • OTRI.USA
    16.650
    0.180
    1.1%
  • OTVI.USA
    12,493.660
    -24.370
    -0.2%
  • TLT.USA
    2.630
    -0.020
    -0.8%
  • TSTOPVRPM.ATLPHL
    2.500
    -0.130
    -4.9%
  • TSTOPVRPM.CHIATL
    2.020
    0.110
    5.8%
  • TSTOPVRPM.DALLAX
    1.290
    0.040
    3.2%
  • TSTOPVRPM.LAXDAL
    2.330
    -0.060
    -2.5%
  • TSTOPVRPM.PHLCHI
    1.400
    0.070
    5.3%
  • TSTOPVRPM.LAXSEA
    2.800
    0.050
    1.8%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
  • ITVI.USA
    12,516.750
    -9.230
    -0.1%
  • OTRI.USA
    16.650
    0.180
    1.1%
  • OTVI.USA
    12,493.660
    -24.370
    -0.2%
  • TLT.USA
    2.630
    -0.020
    -0.8%
  • TSTOPVRPM.ATLPHL
    2.500
    -0.130
    -4.9%
  • TSTOPVRPM.CHIATL
    2.020
    0.110
    5.8%
  • TSTOPVRPM.DALLAX
    1.290
    0.040
    3.2%
  • TSTOPVRPM.LAXDAL
    2.330
    -0.060
    -2.5%
  • TSTOPVRPM.PHLCHI
    1.400
    0.070
    5.3%
  • TSTOPVRPM.LAXSEA
    2.800
    0.050
    1.8%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
CanadaNews

TFI expands U.S. specialized truckload business with new acquisition

TFI has purchased the manufacturer of the Bullet aluminum dump tank trailer, ShirAul. image: ShirAul

TFI International (TSX:TFII) has purchased U.S. specialized carrier Aulick Leasing and its affiliated trailer manufacturer, ShirAul, the Canadian transportation company announced today.

Nebraska-based Aulick has 120 tractors and 300 trailers that operate out of four terminals. It offers contract hauling of dry bulk, aggregate materials and food items. ShirAul produces the Bullet, an aluminum dump tank trailer.

“Aulick’s deep presence across the central and western U.S. and ShirAul’s trailer manufacturing expertise make the combined entity a compelling strategic fit for our Specialized Truckload growth objectives in the U.S.,” TFI CEO Alain Bédard said in a statement.

The acquisition strengthens TFI’s specialized truckload business in the U.S. In February, TFI purchased Schilli Corporation, a specialized truckload company based in Missouri, with 340 trucks and 500 trailers.

“Schilli was the first step of [TFI] trying to grow specialty,” Bédard said in comments with analysts in February.

Montreal-based TFI is Canada’s largest transportation company. It reported record financial results in February, with strong growth in its truckload business.

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Nate Tabak, Border and North America Correspondent

Nate Tabak is a Toronto-based journalist who covers cross-border trucking, logistics and trade for FreightWaves. Before moving to Canada, he spent seven years reporting stories in the Balkans and Eastern Europe as a reporter, producer and editor based in Kosovo. He previously worked at newspapers in the San Francisco Bay Area, including the San Jose Mercury News. He graduated from UC Berkeley, where he studied the history of American policing. Contact Nate at ntabak@freightwaves.com.
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