TFI acquires Gusgo in bet on cross-border container transport

TFI International is acquiring Gusgo Transport, a Canadian carrier specializing in transporting and storing containers. (Photo: Gusgo Transport)

TFI International announced today, June 12, that it will acquire Gusgo Transport, a small Canadian trucking company specializing in transporting and storing containers.  Gusgo has a fleet of four company trucks and 48 owner-operators and storage for up to 6,000 containers in Vaughn, Ontario, near Toronto. The carrier operates in a 500-mile radius of Toronto, serving Ontario and Quebec in Canada, and Michigan, New York, Ohio and Pennsylvania.

"With its 50-year history of providing superior, reliable service, Gusgo is a superb cultural fit with TFI's customer-centric approach," TFI CEO Alain Bedard said in a statement. "Operationally, we see numerous synergies across our combined real estate footprint, as well as for our equipment sales, purchases and overall utilization."   The acquisition, expected to close at the end of the month, expands TFI's truckload division. It also includes Seatainer Transport and Seatainer Terminals.

TFI, Canada's largest transportation and logistics company, did not disclose the price it paid for Gusgo Transport.

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