Canadian transportation and logistics company TFI International (NYSE: TFII) continues to build out its portfolio, this time adding another bulk carrier to the mix. In a Monday press release, the Montreal-based company announced the acquisition of Grammer Logistics’ dry bulk business.
A nearly 30-year-old entity, Grammer Dry Bulk was part of Sterling Transport, which was acquired by Grammer in 2019. The dry bulk unit hauls commodities like cement, sand, fly ash, salt and lime, generating...
https://www.freightwaves.com/news/tfi-expands-portfolio-in-grammer-dry-bulk-deal