Mr. Alain Bedard reports

TFI INTERNATIONAL ACQUIRES HERCULES FORWARDING

TFI International Inc. has acquired Hercules Forwarding Inc., a less-than-truckload carrier with an emphasis on intra-U.S. and U.S.-to-Canadian cross-border transportation. Founded in 1985 and family owned with U.S. headquarters in Vernon, Calif., and Canadian headquarters in New Westminster, B.C., Hercules utilizes a 31-terminal network and operates more than 210 trucks, close to 600 trailers and approximately 75 containers, generating more than $100-million (U.S.) in annual revenues. Hercules's non-union team focuses on direct shipper customers seeking high-quality, damage-free service across diverse end markets, including consumer/retail, heating, ventilation and air conditioning/building products, automotive, industrial, 3PL, and food/beverage. Led by its president, Marty Burnham, and chief financial officer, Melanie Burnham, Hercules will join TFI International's LTL business segment.

"This bolt-on acquisition fortifies our U.S. LTL portfolio while adding cross-border LTL into Canada, creating a partner for our Canada-to-U.S. shipments while offering synergy opportunities on both sides of the border," stated Alain Bedard, chairman, president and chief executive officer of TFI International. "Hercules's impressively low claims ratio and skill at serving multiple premium freight markets moving high-value cargo across the U.S. and Canada aligns well with our focus and operating philosophy. We are pleased to welcome Marty, Melanie and the entire Hercules team to the TFI International family."

About TFI International Inc.

TFI International is a North American leader in the transportation and logistics industry, operating across the United States and Canada 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.

TFI International is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII.