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Stock impact report

TA Dedicated to acquire Minnesota-based Triangle Warehouse [Yahoo! Finance]

TFI International Inc. Common Shares (TFII) 
Company Research Source: Yahoo! Finance
Dive Brief: TA Dedicated will acquire Triangle Warehouse of Minneapolis, Minnesota, the company announced April 13. The deal includes about 150 power units, according to a company spokesperson, and strengthens TA Dedicated's warehousing and supply chain services in the Upper Midwest, per the release. Terms of the deal were not disclosed. Scott Carlson, a vice president at Triangle, said joining TA Dedicated expands Triangle's customers' national distribution opportunities. Dive Insight: Strategic acquisitions have been key to TFI International recently. In recent years, the transportation conglomerate has purchased flatbed giant Daseke , which included Bulldog Hiway Express and Lone Star Transportation, along with other carriers , such as CMW Express , to bolster its truckload business. Acquisitions like the recent one demonstrate how to merge businesses. Eric Anson, president of TA Dedicated, said his company's customer focus and employee-centered culture align with Tria Show less Read more
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