TFI International

Orr, Hinz to take the helm at CFI

JOPLIN, MO – Greg Orr will be taking the helm at CFI. The full-truckload carrier and division of TFI International promoted Orr today, while moving Michael Hinz into the role of senior vice president of sales & operations. “Greg has been the driving force behind many of our recent accomplishments, and bringing Michael to CFI further supports our efforts to create a world class leadership team,” stated Greg Rumble, Chief Financial Officer of TFI.

TFI to sell, lease back four properties

MONTREAL, QC - Pure Industrial Real Estate Trust (PIRET) will buy and lease back four TFI International properties, Canada's largest fleet has announced. The $135.7-million deal includes two facilities in Montreal, and another two in Toronto, and represents less than 20% of the net book value of TFI's real estate portfolio. "This transaction underlines our continuous efforts to unlock shareholder value," said Alain Bédard, chairman, president, and Chief Executive Officer of TFI International. "Through this sale, we believe TFI has realized market value for these real estate assets.