Information
MONTREAL, Jan. 20, 2026 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX:TFII), a North American leader in the transportation and logistics industry, today provided an update on its substantial and rapidly
Original sourceAI Summary
TFI International's data center transportation business is accelerating, with revenue surging from $8 million to over $15 million in 2025. New CCO Scott Hoppe aims to leverage this growth opportunity, enhancing TFI's market position in a rapidly developing sector. Continued momentum in this business segment may drive profitability and stock performance.
Sentiment Rationale
The growth in high-margin sectors like data centers can improve TFII's profitability and market valuations similar to past expansions like that of UPS in e-commerce logistics.
Trading Thesis
Bullish on TFII; expect stock appreciation as data center revenues continue to rise.
Market-Moving
- Continued revenue growth in the data center segment can boost TFII's stock.
- New leadership may streamline operations and enhance strategic initiatives at SFI.
- Market optimism may build around TFI's strong positioning in electric grid logistics.
Key Facts
- TFI International reported strong growth in data center transport revenue.
- Scott Hoppe appointed Chief Commercial Officer of SFI to drive growth.
- Data center revenue increased from $8 million to $15 million in 2025.
- Overall electric grid-related revenue exceeded $110 million, showcasing robust growth.
Companies Mentioned
- Daseke Inc. (DSKE): Daseke's acquisition allowed TFI to enhance its logistics capabilities.
- E.W. Wylie Corp. (Private): Scott Hoppe's experience from E.W. Wylie may benefit TFI's strategy.
Corporate Developments
This article falls under 'Corporate Developments' as it discusses significant leadership changes and revenue updates that could directly influence TFI's performance and market perception.
MONTREAL, Jan. 20, 2026 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX:TFII), a North American leader in the transportation and logistics industry, today provided an update on its substantial and rapidly growing data center and power grid related transportation business. TFI's go-to-market, asset-based truckload brand SFI, with its fleet size of approximately 8,000 tractors, offers sophisticated transport of high-value and sensitive cargo for data center and other electric grid related customers through multiple TFI operating companies. TFI's Truckload segment generated more than $3 billion in total revenue during 2025, including $43 million in data center-related revenue, which grew quickly from approximately $8 million in the first quarter to more than $15 million by the fourth quarter. Broader electric grid-related revenue surpassed $110 million and has also demonstrated robust recent growth.
TFI also today announced that Scott Hoppe is moving into the newly created role of Chief Commercial Officer of SFI. Scott joined TFI International in 2024 through the acquisition of Daseke and has spent more than 25 years in leadership roles across the industry including Vice President of Business Development, Chief Operating Officer and President of E.W. Wylie. One of Scott's early priorities will be to leverage SFI's extensive, nationwide capabilities across open deck, tank, logistics, dedicated, bulk, van and heavy haul divisions to further support the rapid buildout of data centers and related electric grid projects across the U.S. and Canada.
"We are pleased that in Scott's new role he will help leverage what is by any measure one of the most extensive open deck transportation networks in North America, with multiple operating companies working seamlessly as SFI and under the TFI umbrella to support time-sensitive and complex client needs," said Alain Bédard, Chairman, President and Chief Executive Officer. "The data center industry has become a major economic driver, still in its early innings, with several owners, operators and developers already working with SFI. We see significant opportunity to further our involvement by leveraging our many inherent strengths that are perfectly suited for the multi-year buildout ahead."
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:
- Less-Than-Truckload;
- Truckload;
- Logistics.
TFI International Inc. is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII. For more information, visit www.tfiintl.com.
For further information:
Alain Bédard
Chairman, President and CEO
TFI International Inc.
647-729-4079
abedard@tfiintl.com
