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F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMERED
F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALSMAERSK: WORKING CAPITAL MAERSK: GEMINI FEEDBACK AND CUSTOMER RETENTION MAERSK: INVESTOR DAY UPDATEMAERSK: CEO PREPARED REMARKS MAERSK: CONF CALL ABOUT TO START RXO: HAMMERED
PRESS RELEASE
Transaction to Enhance Container Transport and Storage Capabilities
Adds Density, Geographic Reach and New Customers
Montreal, Quebec, June 12, 2020 – TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has signed a definitive agreement to acquire privately held Gusgo Transport, a container transport and storage company operating out of Vaughan, Ontario.
The business to be acquired includes Gusgo Transport, Seatainer Transport and Seatainer Terminals. Founded in 1969, Gusgo is a customs-bonded carrier, providing its customers with reliable and cost-effective local and cross-border container transportation.
With its 4 company trucks and 48 owner operators, Gusgo delivers both dry and temperature controlled commodities in approximately a five hundred mile radius around the Greater Toronto Area including delivery points throughout Ontario, Quebec, New York, Pennsylvania, Ohio and Michigan.
Gusgo operates over 250 container chassis, and has capacity for storing 6,000 containers at its Vaughan location. Upon completion of the transaction expected before the end of June, Gusgo will become part of TFI International’s Truckload segment.
Here is the link to the full press release.
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