Transforce International Company Financial and Sales Data

Transforce International generated $1.8 billion in revenue in 2020, a notable increase from the previous year. This growth can be attributed to the company's strategic expansion into new markets and services.

The company's operating income for 2020 was $143 million, a significant improvement from the $76 million reported in 2019. This increase in operating income is a testament to the company's ability to manage costs and optimize its operations.

Transforce International's fleet size has been steadily increasing over the years, reaching a peak of 6,000 vehicles in 2020. This growth in fleet size has enabled the company to expand its service offerings and increase its market share.

Here's an interesting read: Tfi International Transforce

Transforce International's financial performance in Q1 2025 took a hit due to continued freight market weakness.

The company's profit fell by a significant 39.6% compared to the same period in previous years.

This decline was largely attributed to the industrywide decline in truckload volume, which was a direct result of Trump administration tariffs.

The tariffs had a ripple effect on the entire industry, causing a decrease in demand for trucking services.

As a result, TFI International had to absorb the impact of lower revenue, leading to a substantial drop in profit.

The company's Q1 2025 financial report highlighted the challenges it faced in navigating the complex and ever-changing freight market.

Transforce International's geographical sales breakdown paints a picture of a company with a significant presence in North America. The data shows that in 2022, the company's sales in the United States reached 6.07 billion dollars.

The United States remains a key market for TFI International, with sales increasing steadily from 1.78 billion dollars in 2020 to 6.07 billion dollars in 2022. This growth is a testament to the company's strong brand and operational capabilities.

Canada is another major market for TFI International, with sales totaling 2.72 billion dollars in 2022. This represents a significant increase from the 1.99 billion dollars recorded in 2020.

A fresh viewpoint: Tfi International Stock

TFI International's sales in Mexico, however, have been less consistent. After reaching 21.66 million dollars in 2021, sales declined to 17.62 million dollars in 2022 and were not available for 2023 or 2024.

Here is a breakdown of TFI International's sales by country for the fiscal period ending in December 2022: