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Montreal-based trucking company TFI says it won’t move to U.S. after shareholders object

  • TFI International Inc. Reversed its decision to move its headquarters to the U.S. After shareholder feedback, as announced on February 24, 2025.
  • The company had previously announced plans to redomicile to strengthen U.S. Investment, with 70% of operations currently in the U.S.
  • Caisse de dépôt et placement du Québec, a top shareholder, has approximately a 4% stake in TFI, which is influential in the company's considerations.
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Truck News broke the news in on Wednesday, February 19, 2025.
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