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In 1957, Cabano Kingsway Transport was just another small hauler in Quebec. One of hundreds of regional outfits moving freight across Canada’s highways.
Decades later, a hard-nosed businessman named Alain Bédard took over what had become TransForce. In 1999, he became CEO and everything changed.
Bédard wasn’t interested in being average. He turned TransForce into an acquisition machine, buying carrier after carrier, shutting down weak divisions, and integrating profitable ones. By the mid-2000s, it was already Canada’s biggest trucking company.
In 2016, the company rebranded as TFI International. In 2021, Bédard made his boldest move yet: buying UPS Freight for $800 million, rebranding it as TForce Freight. Overnight, TFI became one of the top LTL carriers in the U.S., competing with FedEx, Old Dominion, XPO, and Estes.
Today, TFI International generates more than $8 billion a year, employs 60,000+ people, and manages one of the largest fleets in North America:
– 11,600 company-owned trucks
– 34,000 owner-operator trucks
– 46,000+ trailers
That’s nearly 50,000 trucks under management.
The empire also made Bédard immensely wealthy. It is estimated he currently owns between 5–7% of TFI International’s equity, a stake worth over $600 million.
Former Residences include his former primary residence is a $14 million estate in Canada, a sprawling mansion fit for trucking royalty. (depicted above) and a lavish Florida estate he previously owned valued over $9 million dollars.
From a modest Quebec fleet in 1957…
To an $8 billion North American powerhouse…
To a billionaire lifestyle built on trucking.
That’s the story of Alain Bédard, the man who turned TFI into one of the largest fleets on the continent.
Source : Transport Media
