Overview

A class action lawsuit has been filed against TFI International Inc. (“TFI” or the “Company”) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws.  The Company’s common stock trades on the New York Stock Exchange under the symbol “TFII.”

The TFI class action lawsuit was brought on behalf of all persons and entities who purchased or otherwise acquired TFI securities between April 26, 2024, and February 19, 2025, both dates inclusive (the “Class Period”).

TFI is a transportation and logistics company that operates in the United States and Canada.  It has four reportable segments: Package & Courier, Less-than-Truckload (“LTL”), Truckload, and Logistics.  LTL accounts for approximately 43% of the Company’s revenue.  In April 2021, TFI acquired UPS Freight, the less-than-truckload and dedicated truckload divisions of United Parcel Service, Inc.  Following the acquisition, UPS Freight was rebranded as TForce Freight and operates within the Company’s LTL segment.

The TFI class action lawsuit alleges that Defendants, throughout the Class Period, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) the Company was losing small and medium business customers; (2) as a result, the Company’s TForce revenue was declining; (3) TFI was experiencing difficulties managing its costs; (4) as a result of the foregoing, the profitability of its largest business segment was declining; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

*          *          *

If you purchased or otherwise acquired TFI securities between April 26, 2024, and February 19, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as lead plaintiff in the TFI class action lawsuit is May 13, 2025.