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TFI International Accelerates Data Center and Grid Logistics, Appoints New SFI Commercial Chief

Tipranks - Wed Jan 21, 4:48PM CST

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TFI International ( (TSE:TFII) ) has shared an update.

TFI International is rapidly expanding its data center and electric grid-related transportation business through its asset-based truckload brand SFI, which operates a fleet of about 8,000 tractors to handle high-value and sensitive cargo for these sectors. In 2025, the company’s Truckload segment generated more than $3 billion in revenue, with data center-related revenue climbing from approximately $8 million in the first quarter to over $15 million in the fourth, totaling $43 million for the year, while broader electric grid-related revenue surpassed $110 million, underscoring strong momentum in these infrastructure-focused markets. To capitalize on this growth, TFI has appointed industry veteran Scott Hoppe as Chief Commercial Officer of SFI, tasking him with leveraging the company’s extensive open deck, tank, logistics, dedicated, bulk, van and heavy haul capabilities to support the multi-year buildout of data centers and associated electric grid projects across the U.S. and Canada, reinforcing TFI’s positioning as a key logistics partner to a fast-growing, strategically important industry.

The most recent analyst rating on (TSE:TFII) stock is a Hold with a C$163.00 price target. To see the full list of analyst forecasts on TFI International stock, see the TSE:TFII Stock Forecast page.

Spark’s Take on TSE:TFII Stock

According to Spark, TipRanks’ AI Analyst, TSE:TFII is a Neutral.

The score is driven by solid cash generation and a constructive technical uptrend, partly offset by cooling operating performance (weaker revenue/margins and moderate leverage) and a less attractive valuation. The latest earnings call was mixed, with shareholder returns and U.S. LTL progress balanced against declining results and soft near-term EPS guidance.

To see Spark’s full report on TSE:TFII stock, click here.

More about TFI International

TFI International Inc. is a North American leader in the transportation and logistics industry, operating through subsidiaries across the United States, Canada and Mexico. The company focuses on less-than-truckload, truckload and logistics segments, using an umbrella structure to provide financial and operational resources that help its operating companies grow, improve efficiency and pursue strategic acquisitions. TFI International is publicly listed on both the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII.

Average Trading Volume: 238,097

Technical Sentiment Signal: Buy

Current Market Cap: C$12.77B

See more data about TFII stock on TipRanks’ Stock Analysis page.

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