Well, I didn’t see this one coming. TFI bought Kindersley Transport about a year ago, and pumped an insane amount of money into them, with brand new KW trucks, new trailers, a new terminal here in Calgary, etc etc etc. TFI was using Kindersley and CF to come after our LTL freight hard, and if you asked them, they were going to run the LTL game in Canada in less than 5 years.
Well now they’re done, 100% of the staff and drivers were canned, terminal is closed, and all that new equipment is being spread out across the rest of the TFI companies.
A freight broker was telling me, that 52% of freight hauling trucking companies in Canada, have gone bankrupt. Glad I switched to dump trucks.
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