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TFI International Retains Canadian Corporation Status

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TFI International Retains Canadian Corporation Status

TFI International ( (TSE:TFII) ) has shared an update.

TFI International Inc. announced it will retain its Canadian corporation status, reversing its previous plan to re-domicile to the United States. This decision was influenced by shareholder feedback, highlighting the company’s responsiveness to stakeholder concerns and its commitment to maintaining its current operational and market positioning.

More about TFI International

TFI International Inc. is a leading North American transportation and logistics company operating through subsidiaries across the United States, Canada, and Mexico. The company focuses on strategic acquisitions and managing a network of wholly-owned subsidiaries, offering services in Less-Than-Truckload, Truckload, and Logistics segments. TFI International is publicly traded on the NYSE and TSX under the symbol TFII.

YTD Price Performance: -28.11%

Average Trading Volume: 264,868

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.02B

See more data about TFII stock on TipRanks’ Stock Analysis page.

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