TST-CF Express

Last updated
TST Solutions L.P.
TST-CF Express
Formerly
  • Woodstock Transport (1928–1935)
  • Schell Transport Limited (1935–1950)
  • The Overland Express Ltd. (1950–1972)
  • Overland-Western Ltd. (1972–1987)
  • TNT Overland Express (1987–1997)
  • TST Overland Express (1997–2020)
Type Subsidiary
Industry Transportation
Founded1928;96 years ago (1928) in Woodstock, Ontario, Canada
Founder Samuel Axelrod
Headquarters
Mississauga, Ontario
,
Canada
Key people
Wayne Gruszka (President)
Number of employees
1,095
Parent
Subsidiaries TST Truckload
TST Expedited Services
Website tst-cfexpress.com
Footnotes /references
[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]

Contents

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

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References

  1. ↑ "President's Letter 2021". TST-CF Express. 2021. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
  2. ↑ Bearth, Daniel P. (9 February 2000). "TransForce to Buy TST". Transport Topics. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
  3. ↑ "Saia Partners With TST Overland Express for Cross-Border LTL Service". Transport Topics. 4 April 2017. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
  4. ↑ "TransForce in buying mood again; takes over ATS retail biz". Truck News. Montreal: Today's Trucking. 1 August 2014. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
  5. ↑ "transforce expands its waste section". todaystrucking.com. 2010-03-02. Archived from the original on 2011-10-02. Retrieved 2011-01-14.
  6. 1 2 Kingston, John (3 August 2020). "TFI's Bedard signals growing focus on company's LTL operations". FreightWaves. Archived from the original on 14 August 2021. Retrieved 15 August 2021.
  7. ↑ Schulz, John D. (4 January 2007). "Top 50 Trucking Companies Special Report: Excellence in Motion". Archived from the original on 2010-03-30.
  8. ↑ "Arkansas Best Widens 1st quarter loss". 2010-04-26. Archived from the original on 2011-07-17. Retrieved 2011-01-14.
  9. ↑ "transforce profile". ft.com. Archived from the original on 2011-07-18. Retrieved 2010-04-26.
  10. ↑ "TransCore's freight index continues to rise above 2009". 2010-08-20. Archived from the original on 2011-10-02. Retrieved 2011-01-14.
  11. ↑ "Transforce Acquires Dynamex for $248 Million". 2010-12-15. Archived from the original on 2011-07-27. Retrieved 2011-01-14.
  12. ↑ "TST Overland Express Quik Facts". Archived from the original on 2011-10-07. Retrieved 2011-07-03.
  13. 1 2 TAUSZ, Andrew (5 October 1987). "TNT OVERLAND EXPRESS OPENS NEW TRANSPORTATION CENTER". JOC. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
  14. ↑ "KPN's Takeover Offer For TNT Is Welcomed". Wall Street Journal. 2 October 1996. Archived from the original on 14 June 2018. Retrieved 15 August 2021.
  15. ↑ "TransForce to acquire LTL specialist TST Solutions". Truck News. Today's Trucking. 1 August 2014. Archived from the original on 13 August 2021. Retrieved 15 August 2021.
  16. ↑ "Archived copy" (PDF). Archived (PDF) from the original on 2011-07-17. Retrieved 2010-02-02.{{cite web}}: CS1 maint: archived copy as title (link)
  17. 1 2 "TST Overland Express wins Lowe's Gold Service Award". Truck News. Today's Trucking. 13 July 2016. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
  18. ↑ Slack, Julie (3 March 2010). "TST receives service award". Toronto.com. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
  19. ↑ http://www.trucknews.com/issues/story.aspx?aid=1000362497&ref=rss [ dead link ]
  20. ↑ "TST Overland Express wins Lowe's service award". Inside Logistics. 10 April 2013. Archived from the original on 15 August 2021. Retrieved 15 August 2021.
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