TFI International acquires Missouri reefer carrier

Updated Dec 2, 2021
Screen Shot 2021 11 30 At 1 34 38 Pm

TFI International Inc. Tuesday, Nov. 30, announced the acquisition of D&D Sexton.

Based in Carthage, Missouri, D&D has been a family-owned business for more than 40 years, specializing in refrigerated transportation and serving a long-standing customer base with both long-haul over-the-road services as well as local and shuttle operations.

D&D has more than 150 company drivers and owner-operators, and close to 40 non-driving employees. Operating more than 120 tractors and nearly 400 refrigerated and dry van trailers, D&D generates annualized revenues in excess of $25 million, according to a statement from TFI. The acquired business will operate within TFI International’s CFI group of companies. The terms of the transaction were not disclosed.

“D&D is an excellent strategic fit with the organization, culture, and business model of our CFI operating company, adding strategic capacity and valuable, longstanding customer relationships to its temperature-controlled business,” said Alain Bédard, chairman, president, and chief executive officer of TFI International. “In addition to an overlapping refrigerated freight network, D&D brings significant experience in local and shuttle operations. We see multiple near-term opportunities around costs, routes and pricing to enhance profitability, as well as longer-term opportunities to optimize equipment and the capacity network design, taking D&D to the next level of excellence."

Headquartered in Montreal, Canada, TFI International Inc. operates across the United States, Canada, and Mexico through its subsidiaries.

Looking for your next job?
Careersingear.com is the go-to platform for the Trucking industry. Don’t just find the job you need; find the job you want with the company that wants you!