TFI International completed the acquisition of JHT.

Transaction Tags

• United States
• Private
• Friendly
• asset light logistics
• transportation provider
• Third Party Logistics (3PL)
• Acquisition
• Majority
• Single Bidder
• Cross Border
• Completed

Synopsis

TFI International, a North American provider of transportation and logistics, completed the acquisition of JHT, an asset light logistics and transportation provider in North America for Class 6-8 truck manufacturers. Financial terms were not disclosed. "We were immediately impressed by JHT’s well-run operations, its asset light approach and leadership in this differentiated niche market. We extend a warm welcome to CEO John Harrington and his impressive team and look forward to watching JHT thrive in the years ahead under the TFI International umbrella," Alain Bédard, TFI International Chairman, President and CEO.

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