TFIFF - CORRECTION: TFI International Acquires Aulick Leasing Corp. and ShirAul LLC

In a release issued under the same headline earlier today by TFI International Inc. (TSX: TFII, OTCQX: TFIFF), please note that in the title and in the first sentence, “Aulick Industries” was replaced by “Aulick Leasing Corp.” and throughout the body of the release beyond that point, “Aulick” was replaced by “Aulick Leasing”. The corrected release follows:

MONTREAL, April 01, 2019 (GLOBE NEWSWIRE) -- TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced the acquisition of Aulick Leasing Corp. (“Aulick Leasing”) and its affiliate company, ShirAul, LLC (“ShirAul”).  Founded in 1978 and based in Scottsbluff, Nebraska, Aulick Leasing provides contract hauling services for aggregate materials, wood byproduct, agriculture/commodities, beets, dry bulk materials, railroad traction sand and food grade product materials.  ShirAul designs and manufactures the exclusive Bullet™ trailer, which is an aluminum-bottom dump tank trailer capable of hauling a variety of products across a multitude of industries.

With more than 400 employees, Aulick Leasing operates over 120 tractors and 300 trailers (including more than 180 Bullet™ trailers) out of its four terminals across the Central and Western U.S.  Together with the recently announced acquisition of Schilli Corporation, Aulick Leasing creates an attractive platform for future growth within TFI’s Specialized Truckload business in the United States, supplementing the company’s already strong position in Canada. 

“We enthusiastically welcome Aulick Leasing and ShirAul to the TFI International group of companies,” stated Alain Bédard, Chairman, President and Chief Executive Officer of TFI International.  “Aulick Leasing’s deep presence across the Central and Western U.S. and ShirAul’s trailer manufacturing expertise make the combined entity a compelling strategic fit for our Specialized Truckload growth objectives in the U.S.”

ABOUT TFI INTERNATIONAL

TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International companies service the following segments:

• Package and Courier;
• Less-Than-Truckload;
• Truckload;
• Logistics and Last Mile.

TFI International Inc. is publicly traded on the Toronto Stock Exchange (TSX: TFII) and the OTCQX marketplace in the U.S. (OTCQX: TFIFF). For more information, visit http://www.tfiintl.com.

For further information:
Alain Bédard
Chairman, President and CEO
TFI International Inc.
(647) 729-4079
abedard@tfiintl.com