Tfi international closes on previously announced agreement to sell cfi's truckload, temp control and mexican logistics businesses to heartland express

Montreal, aug. 31, 2022 (globe newswire) -- tfi international inc. (nyse and tsx: tfii), a north american leader in the transportation and logistics industry, today announced that it has closed on the previously announced definitive agreement to sell cfi's truckload, temp control and mexican non-asset logistics businesses to heartland express, inc. (nasdaq: htld) for us$525 million. in addition to customary closing adjustments, heartland express has paid tfi international an additional us$24 million for tfi to retain pre-closing accident and workers' compensation claims.
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