TFI Buys Toronto Tank Lines

Maritime Activity Reports, Inc.

February 19, 2019

Pic: Toronto Tank Lines

Pic: Toronto Tank Lines

North American transportation and logistics player TFI International has announced the acquisition of Toronto Tank Lines (TTIL).

Acquisition strengthens TFI’s logistics and specialized tank capabilities throughout North America, said a press note.

Founded in 1993 and based in Hamilton, Ontario, TTL specializes in the transportation and storage of food grade liquids, industrial chemicals, specialty oils and waxes throughout Canada, the United States and Mexico.

TTL operates storage facilities and a fleet of approximately 75 tank trailers and 45 power units, with tank storage operations including 15 insulated and heated tanks, each with a capacity of one million litres and each capable of receiving / delivering cargo from / to marine vessels, railcars and tank trucks.  

TTL’s one-stop solutions include operating a truck, tank and railcar wash facility. TTL will operate as a standalone business unit within TFI.

“We are delighted to have Toronto Tank Lines join the TFI International group of companies,” stated Alain Bédard, Chairman, President and Chief Executive Officer of TFI International.  “TTL’s strategic location in Hamilton Harbour along with its best-in-class transportation, transloading, tank storage and wash rack assets will synergistically fit into our family of tank companies across North America as we seek to accelerate its growth.”

Maritime Reporter Magazine Cover Oct 2019 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News