TST-CF Express explained

TST Solutions L.P.
Trade Name:TST-CF Express
Foundation: in Woodstock, Ontario, Canada
Type:Subsidiary
Hq Location City:Mississauga, Ontario
Hq Location Country:Canada
Industry:Transportation
Num Employees:1,095
Founder:Samuel Axelrod
Key People:Wayne Gruszka (President)
Subsid:TST Truckload
TST Expedited Services
Footnotes:[1] [2]

TST Solutions L.P. (doing business as TST-CF Express) is a Canadian less than truckload (LTL) freight carrier located in Mississauga, Ontario, Canada. TST-CF offers nationwide Canadian service and partners with US-based LTL carrier Saia to provide international services to and from the United States.[3] TST-CF Express is a subsidiary of TFI International, a Canadian transportation conglomerate and Canada's largest LTL business[4] and trucking fleet.[5] TST-CF Express was the result of the 2020 merger of two TFI subsidiaries: TST Overland Express and Canadian Freightways.[6]

Company

TFI International is a Canadian transport and logistics company based in Montreal, Quebec. It operates across Canada through 4 business segments. It has Canada's largest and ranked 14th in terms of revenue in 2005 among North American LTL carriers[7] (however more recent lists such as State's largest trucking companies coping with tough economy. – Free Online Library suggest it may be closer to top 5 (2010 1st qtr revenue transforce $466.1 million versus 5th ranked US company $359.9 million[8])). Its trucking fleet consists of 6700 power units and 12000 trailers.[9] Two thirds of its business comes from operations in Eastern Canada while the rest is from Western Canada.

The company's main source of growth has been complete takeovers (it holds no stakes in other companies) of smaller trucking companies (35 since 1992) which are then made into subsidiaries, though more recently organic growth contributed to the 53% rise in freight in the first half of 2010.[10] In December 2010 Transforce will enter the US market when it agreed in principle to purchase Dallas based Dynamex with a $248 million takeover offer. In the 12 months leading up to October 31, 2010 Dynamex made $418 million in revenue (about a quarter as much as Transforce).[11]

The company has 1,685 Power and Trailing equipment and covers 10 Canadian Provinces and 50 U.S. States[12]

History

External links

Notes and References

  1. Web site: President's Letter 2021 . TST-CF Express . 15 August 2021 . 2021 . 15 August 2021 . https://web.archive.org/web/20210815194004/https://drive.google.com/file/d/1XJsMv4B3kofMaOhAFsikVVyfPqGAc6va/view . live .
  2. Web site: Bearth . Daniel P. . TransForce to Buy TST . Transport Topics . 15 August 2021 . en . 9 February 2000 . 15 August 2021 . https://web.archive.org/web/20210815194005/https://www.ttnews.com/articles/transforce-buy-tst . live .
  3. Web site: Saia Partners With TST Overland Express for Cross-Border LTL Service . Transport Topics . 15 August 2021 . en . 4 April 2017 . 15 August 2021 . https://web.archive.org/web/20210815194007/https://www.ttnews.com/articles/saia-partners-tst-overland-express-cross-border-ltl-service . live .
  4. Web site: TransForce in buying mood again; takes over ATS retail biz . Truck News . Today's Trucking . 15 August 2021 . Montreal . 1 August 2014 . 15 August 2021 . https://web.archive.org/web/20210815211356/https://www.trucknews.com/transportation/transforce-in-buying-mood-again-takes-over-ats-retail-biz/1003122369/ . live .
  5. Web site: transforce expands its waste section. todaystrucking.com. 2010-03-02. 2011-01-14. 2011-10-02. https://web.archive.org/web/20111002074638/http://www.todaystrucking.com/news.cfm?intDocID=23497. live.
  6. Web site: Kingston . John . TFI's Bedard signals growing focus on company's LTL operations . FreightWaves . 15 August 2021 . 3 August 2020 . 14 August 2021 . https://web.archive.org/web/20210814163639/https://www.freightwaves.com/news/tfis-bedard-signals-growing-focus-on-companys-ltl-operations . live .
  7. Web site: Schulz . John D.. Top 50 Trucking Companies Special Report: Excellence in Motion. 4 January 2007. dead. https://web.archive.org/web/20100330151128/http://www.logisticsmgmt.com/article/336066-Top_50_Trucking_Companies_Special_Report_Excellence_in_Motion.php. 2010-03-30.
  8. Web site: Arkansas Best Widens 1st quarter loss. 2010-04-26. 2011-01-14. 2011-07-17. https://web.archive.org/web/20110717105159/http://www.truckinginfo.com/news/news-detail.asp?news_id=70171&news_category_id=7. dead.
  9. Web site: transforce profile. ft.com. 2010-04-26. 2011-07-18. https://web.archive.org/web/20110718131627/http://markets.ft.com/ft/tearsheets/businessProfile.asp?s=TFI:TOR. live.
  10. Web site: TransCore's freight index continues to rise above 2009. 2010-08-20. 2011-01-14. 2011-10-02. https://web.archive.org/web/20111002074747/http://www.todaystrucking.com/newscenter.cfm?pageaction=story&intNewsCenterID=1&intDocID=24521&CFID=1769628&CFTOKEN=87485173. live.
  11. Web site: Transforce Acquires Dynamex for $248 Million. 2010-12-15. 2011-01-14. 2011-07-27. https://web.archive.org/web/20110727234527/http://www.joc.com/trucking/transforce-acquires-dynamex-248-million. live.
  12. Web site: TST Overland Express Quik Facts . 2011-07-03 . 2011-10-07 . https://web.archive.org/web/20111007103430/http://www.tstoverland.com/tstweb.nsf/QuikFactsE?OpenForm . live .
  13. Web site: TAUSZ . Andrew . TNT OVERLAND EXPRESS OPENS NEW TRANSPORTATION CENTER . JOC . 15 August 2021 . 5 October 1987 . 15 August 2021 . https://web.archive.org/web/20210815194014/https://www.joc.com/trucking-logistics/tnt-overland-express-opens-new-transportation-center_19871005.html . live .
  14. Web site: KPN's Takeover Offer For TNT Is Welcomed . Wall Street Journal . 15 August 2021 . 2 October 1996 . 14 June 2018 . https://web.archive.org/web/20180614121509/https://www.wsj.com/articles/SB8442614364796500 . live .
  15. Web site: TransForce to acquire LTL specialist TST Solutions . Truck News . Today's Trucking . 15 August 2021 . 1 August 2014 . 13 August 2021 . https://web.archive.org/web/20210813185241/https://www.trucknews.com/transportation/transforce-to-acquire-ltl-specialist-tst-solutions/1003113692/ . live .
  16. Web site: Archived copy . 2010-02-02 . 2011-07-17 . https://web.archive.org/web/20110717110615/http://www.tstoverland.com/tstweb.nsf/73E3AC7CAA6536EB85257688006832EC/$file/SchneiderAwardWebNov2009.pdf . live .
  17. Web site: TST Overland Express wins Lowe's Gold Service Award . Truck News . Today's Trucking . 15 August 2021 . 13 July 2016 . 15 August 2021 . https://web.archive.org/web/20210815212339/https://www.trucknews.com/transportation/tst-overland-express-wins-lowes-gold-service-award/1003073055/ . live .
  18. Web site: Slack . Julie . TST receives service award . Toronto.com . 15 August 2021 . en-CA . 3 March 2010 . 15 August 2021 . https://web.archive.org/web/20210815212339/https://www.toronto.com/news-story/3151221-tst-receives-service-award/ . live .
  19. http://www.trucknews.com/issues/story.aspx?aid=1000362497&ref=rss
  20. Web site: TST Overland Express wins Lowe's service award . Inside Logistics . 15 August 2021 . 10 April 2013 . 15 August 2021 . https://web.archive.org/web/20210815212339/https://www.insidelogistics.ca/transportation/tst-overland-express-wins-lowes-service-award-169418/ . live .