Montreal, Quebec, July 13, 2018 – TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced that it will host its conference call for the investment community with Alain Bédard, Chairman, President and Chief Executive Officer, on Thursday, July 26, 2018 at 5:00 p.m. Eastern Time, to discuss quarterly results. Business media are also invited to listen to the call.

The Company still plans to issue its financial results for the second quarter ended June 30, 2018 via news release on Thursday, July 26, 2018 after market close.

Details of conference call:

• Date: Thursday, July 26, 2018
• Time: 5:00 p.m. Eastern Time
• Call-in number: 1-877-223-4471

A recording of the call will be available until midnight, August 9, 2018, by dialing 1-800-585-8367 or 416-621-4642 and entering passcode 8474425.

Montreal, Quebec, July 12, 2018 – TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced that it will issue its financial results for the second quarter ended June 30, 2018 via news release on Thursday, July 26, 2018 after market close.

The Company will host a conference call for the investment community with Alain Bédard, Chairman, President and Chief Executive Officer, on Friday, July 27, 2018 at 9:00 a.m. Eastern Time, to discuss results. Business media are also invited to listen to the call.

Details of conference call:

• Date: Friday, July 27, 2018
• Time: 9:00 a.m. Eastern Time
• Call-in number: 1-877-223-4471

A recording of the call will be available until midnight, August 10, 2018, by dialing 1-800-585-8367 or 416-621-4642 and entering passcode 8474425.

Montreal, Quebec, June 15, 2018 – The Board of Directors of TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, declared a quarterly dividend of $0.21 per outstanding common share of its capital payable on July 16, 2018 to shareholders of record at the close of business on June 29, 2018.

This dividend is designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

Montreal, Quebec, June 14, 2018 – TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced the retirement of Scott C. Arves from its Board of Directors, effective June 30, 2018. Mr. Arves has served as a Director of the Company since 2016 and previously served as President, Transport Corporation of America Inc., which was acquired by TFI in 2014.

“We appreciate Scott’s contributions during his years with us and we wish Scott the very best in his retirement,” stated Alain Bédard, Chairman, President and Chief Executive Officer.

To replace Mr. Arves, the Corporate Governance and Nominating Committee will be presenting Leslie Abi-Karam for election to the Board of Directors at the Company’s quarterly board meeting on July 26, 2018. Ms. Abi-Karam is an accomplished corporate executive, most recently with Pitney Bowes, and an independent advisor to CEOs with extensive board experience and wide-ranging credentials across data analytics, cloud-based applications, e-Commerce, location intelligence, payments platforms and other disciplines.

Montreal, Quebec, May 22, 2018 – Gregory W. Rumble, Executive Vice President and Chief Financial Officer of TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, slipped and fell in his home on Sunday, May 13th and sustained minor injuries. Mr. Rumble is expected to return to work within approximately one month. “We were sorry to hear the news from Greg as he enters the homestretch ahead of his planned retirement next year”, said Alain Bédard, Chairman, President and Chief Executive Officer. “We wish Greg and his family the very best as he heals.”

• First quarter diluted earnings per share more than tripled from prior year period to $0.53
• Adjusted diluted earnings per share¹ up 60% over the prior year period to $0.56
• Operating income up 56% over the prior year period to $65.9 million; operating margin nearly doubled in Truckload
• New Logistics and Last Mile operating segment adds additional insight into TFI’s largest asset-light operations
• New financial and operating disclosures for U.S. Truckload operations will facilitate benchmarking against U.S. peers

Montreal, Quebec, April 25, 2018 – TFI International Inc. (TSX: TFII; OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced its results for the first quarter ended March 31, 2018.

“Earnings increased substantially at all four of our reportable segments, most sharply in Truckload,” said Alain Bédard, Chairman, President and Chief Executive Officer. “We also enhanced transparency with the creation of a Logistics and Last Mile operating segment, which is now our second largest segment by revenue. This is a fast-growing market that we are well positioned to serve, and we believe our new segmentation better clarifies our ongoing progress.”

FINANCIAL HIGHLIGHTS (IN MILLIONS OF DOLLARS, EXCEPT PER SHARE DATA)	QUARTERS ENDED MARCH 31
	2018	2017
Total revenue	1,196.5	1,204.1
Revenue before fuel surcharge	1,061.6	1,091.5
Adjusted EBITDA1	129.0	109.5
Operating income	65.9	42.1
Net cash from operating activities from continuing operations	57.8	50.3
Adjusted net income1	50.8	32.9
Adjusted EPS – diluted1 ($)	0.56	0.35
Net income	48.2	14.1
EPS – diluted ($)	0.53	0.15
Weighted average number of shares (‘000s)	88,950	91,609

_{¹ This is a non-IFRS measure. For a reconciliation, please refer to the “Non-IFRS Financial Measures” section below.}

FIRST QUARTER RESULTS
Total revenue of $1.20 billion was flat compared to the prior year period. Net of fuel surcharge, revenue of $1.06 billion compares to $1.09 billion in the prior year period. The slight decrease reflects a negative currency impact of $22.0 million, as well as the company’s focus on profitable revenue and shedding business that does not meet our return requirements.

Operating income grew 56% to $65.9 million from $42.1 million the prior year period, driven by strong execution across the organization, as well as higher quality of freight and better network efficiency in our U.S. Truckload operations.

Net income was $48.2 million, or $0.53 per diluted share, versus $14.1 million, or $0.15 per diluted share the prior year period. Adjusted net income, which excludes amortization of intangible assets related to business acquisitions, net change in the fair value of derivatives, net foreign exchange gain or loss, gain or loss on sale of property and impairment of intangible assets, net of tax, was $50.8 million compared to $32.9 million the prior year period.

SEGMENTED RESULTS

(IN MILLIONS OF DOLLARS)	QUARTERS ENDED MARCH 31
	2018		2017
	$		$
Revenue1
Package and Courier	142.4		145.6
Less-Than-Truckload	203.6		224.6
Truckload	490.7		489.7
Logistics and Last Mile	236.6		245.6
Eliminations	(11.6)		(14.0)
Total	1,061.6		1,091.5
	$	% of Rev.1	$	% of Rev.1
Operating income (loss)
Package and Courier	20.6	14.5%	15.7	10.8%
Less-Than-Truckload	9.5	4.7%	9.1	4.0%
Truckload	29.0	5.9%	14.8	3.0%
Logistics and Last Mile	15.0	6.3%	12.3	5.0%
Corporate	(8.3)		(9.7)
Total	65.9	6.2%	42.1	3.9%

_{Note: due to rounding, totals may differ slightly from the sum.
¹ Revenue before fuel surcharge.}

CASH FLOW AND FINANCIAL POSITION
Net cash from operating activities from continuing operations was $57.8 million, up 15% from $50.3 million the prior year quarter. The company returned $54.3 million to shareholders, of which $18.7 million was through dividends and $35.6 million was through share repurchases. TFI International’s long-term-debt-to-equity ratio stood at 1.05 as of March 31, 2018, down slightly from 1.06 at the end of 2017.

CONFERENCE CALL
TFI International will host a conference call on Wednesday, April 25, 2018 at 5:00 p.m. Eastern Time to discuss these results. Interested parties can join the call by dialling 1-877-223-4471. A recording of the call will be available until midnight, May 8, 2018, by dialing 1-800-585-8367 or 416-621-4642 and entering passcode 4491928.

FORWARD-LOOKING STATEMENTS
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of TFI International. These statements are based on assumptions and uncertainties as well as on management’s best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for TFI International’s products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

NON-IFRS FINANCIAL MEASURES
This press release includes references to certain non-IFRS financial measures as described below. These non-IFRS measures do not have any standardized meanings prescribed by International Financial Reporting Standards (IFRS) and are therefore unlikely to be comparable to similar measures presented by other companies. Accordingly, they should not be considered in isolation, in addition to, not as a substitute for or superior to, measures of financial performance prepared in accordance with IFRS. The terms and definitions of the non-IFRS measures used in this press release and a reconciliation of each non-IFRS measure to the most directly comparable IFRS measure are provided below.

Adjusted EBITDA
Adjusted EBITDA is calculated as net income or loss before finance income and costs, income tax expense (recovery), depreciation, amortization, gain or loss on sale of land and buildings and assets held for sale and impairment of intangible assets. Management believes adjusted EBITDA to be a useful supplemental measure. Adjusted EBITDA is provided to assist in determining the ability of the Company to generate cash from its operations.

ADJUSTED EBITDA (UNAUDITED, IN MILLIONS OF DOLLARS)	QUARTERS ENDED MARCH 31
	2018	2017
Net income	48.2	14.1
Net finance costs	13.9	15.4
Income tax expense (recovery)	13.3	(0.5)
Depreciation of property and equipment	47.4	52.3
Amortization of intangible assets	15.8	15.1
Gain on sale of land and buildings and assets held for sale	(9.5)	(0.0)
Impairment of intangible assets	–	13.2
Adjusted EBITDA	129.0	109.5

_{Note: due to rounding, totals may differ slightly from the sum.}

Adjusted net income and adjusted earnings per share, basic or diluted
Adjusted net income is calculated as net income or loss excluding amortization of intangible assets related to business acquisitions, net change in the fair value of derivatives, net foreign exchange gain or loss, gain or loss on sale of land and buildings and assets held for sale and impairment of intangible assets, net of tax. Adjusted earnings per share, basic or diluted, is calculated as adjusted net income divided by the weighted average number of common shares, basic or diluted. The Company uses adjusted net income and adjusted earnings per share to measure its performance from one period to the next, without the variation caused by the impacts of the items described above. The Company excludes these items because they affect the comparability of its financial results and could potentially distort the analysis of trends in its business performance. Excluding these items does not imply they are necessarily non-recurring.

ADJUSTED NET INCOME (UNAUDITED, IN MILLIONS OF DOLLARS, EXCEPT PER SHARE DATA)	QUARTERS ENDED MARCH 31
	2018	2017
Net income	48.2	14.1
Amortization of intangible assets related to business acquisitions, net of tax	11.2	9.3
Net change in fair value of derivatives, net of tax	(0.1)	(0.4)
Net foreign exchange (gain) loss, net of tax	(0.2)	1.1
(Gain) loss on sale of land and buildings and assets held for sale, net of tax	(8.2)	0.1
Impairment of intangible assets, net of tax	–	8.7
Adjusted net income	50.8	32.9
Adjusted earnings per share – basic	0.57	0.36
Adjusted earnings per share – diluted	0.56	0.35

_{Note: due to rounding, totals may differ slightly from the sum.}

Montreal, Quebec, April 25, 2018 – The Board of Directors of TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, held its Annual Meeting of shareholders earlier today. All candidates proposed as directors were duly elected to the Board of Directors of TFI International by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:

NAME	FOR		WITHHELP
	Number	%	Number	%
Scott Arves	47,619,418	83.55	9,377,510	16.45
Alain Bédard	55,910,850	98.09	1,086,078	1.91
André Bérard	54,503,841	95.63	2,493,087	4.37
Lucien Bouchard	56,831,060	99.71	165,868	0.29
Richard Guay	54,550,942	95.71	2,445,986	4.29
Debra Kelly-Ennis	56,943,665	99.91	53,263	0.09
Neil Donald Manning	55,970,834	98.20	1,026,094	1.80
Arun Nayar	56,939,726	99.90	57,202	0.10
Joey Saputo	53,644,675	94.12	3,352,253	5.88

Montreal, Quebec, April 4, 2018 – TFI International Inc. (TSX: TFII; OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced that it will hold its Annual Meeting of Shareholders on Wednesday, April 25, 2018 at 1:30 p.m. Eastern Time at the TMX Broadcast Center Gallery, 130 King Street West, Toronto.

The Company will also issue its financial results for the first quarter ended March 31, 2018 via news release during its Annual Meeting of Shareholders.

In addition, the Company will hold a conference call for analysts and investors with Alain Bédard, Chairman, President and Chief Executive Officer, on Wednesday, April 25, 2018 at 5:00 p.m. Eastern Time, to discuss these results. Business media are also invited to listen to the call.

Details of conference call:

• Date: Wednesday, April 25, 2018
• Time: 5:00 p.m. Eastern Time
• Call-in number: 1-877-223-4471

A recording of the call will be available until midnight, May 8, 2018, by dialing 1-800-585-8367 or 416-621-4642 and entering passcode 4491928.

Finally, TFI International Inc.’s 2017 Annual Report is now available on the Company’s website at: http://tfiintl.com/en/investors/financial-documents/

Montreal, Quebec, March 15, 2018 – The Board of Directors of TFI International Inc. (TSX: TFII, OTCQX: TFIFF), a North American leader in the transportation and logistics industry, declared a quarterly dividend of $0.21 per outstanding common share of its capital payable on April 16, 2018 to shareholders of record at the close of business on March 29, 2018.

This dividend is designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

• Fourth quarter revenue before fuel surcharge from continuing operations up 2%, to $1.06 billion
• Net income from continuing operations of $120.2 million in the fourth quarter
• Adjusted net income from continuing operations¹ up 8% to $54.6 million, or $0.60 per diluted share in the fourth quarter

Montreal, Quebec, February 20, 2018 – TFI International Inc. (TSX: TFII; OTCQX: TFIFF), a North American leader in the transportation and logistics industry, today announced its results for the fourth quarter and full year ended December 31, 2017.

“The fourth quarter capped a year of continued strong progress on our key initiatives, including greater operational efficiency and continued robust cash flow. Organic growth in operating income was strong in 2017 excluding our U.S. Truckload operations,” said Alain Bédard, Chairman, President and Chief Executive Officer. “Throughout the year, we generated strong cash flow, which we used to reduce our debt and return excess cash to shareholders through dividends and share buybacks.”

Financial highlights (in millions of dollars, except per share data)	Quarters ended Dec. 31		Years ended Dec. 31
	2017	2016	2017	2016
Total revenue from continuing operations	1,182.5	1,137.7	4,741.0	4,025.2
Revenue before fuel surcharge from continuing operations	1,059.0	1,036.4	4,281.8	3,704.5
Adjusted EBITDA from continuing operations1	131.0	127.9	514.5	442.4
Operating income from continuing operations	66.8	69.7	243.7	249.3
Net cash from operating activities from continuing operations	116.1	109.8	372.6	337.9
Adjusted net income from continuing operations1	54.6	50.6	192.6	187.4
Per share – diluted1 ($)	0.60	0.54	2.08	1.96
Net income from continuing operations	120.2	46.4	158.0	157.1
Per share – diluted ($)	1.31	0.49	1.70	1.64
Net income2	120.2	45.3	158.0	639.6
Per share – diluted ($)	1.31	0.48	1.70	6.70
Weighted average number of shares (‘000s)	89,495	91,441	90,494	93,709

_{¹ This is a non-IFRS measure. For a reconciliation, please refer to the “Non-IFRS Financial Measures” section below.
² Includes net income (loss) from discontinued operations, of which a $490.8 million after-tax gain on the sale of the Waste Management segment was recorded in the first quarter of 2016.}

FOURTH QUARTER RESULTS
Total revenue from continuing operations reached $1.18 billion, up 4% from last year. Net of fuel surcharge, revenue from continuing operations rose 2% to $1.06 billion. The increase reflects business acquisitions offset by revenue declines in some existing operations as well as a negative currency impact.

Operating income from continuing operations decreased by $2.9 million to $66.8 million compared to $69.7 million in the fourth quarter of 2016 mainly due to $4.6 million of lower gains on sale of rolling stock and equipment.

Net income from continuing operations was $120.2 million, or $1.31 per diluted share, versus $46.4 million, or $0.49 per diluted share in the year earlier period. Adjusted net income from continuing operations, which excludes amortization of intangible assets related to business acquisitions, net change in the fair value of derivatives, net foreign exchange gain or loss, gain or loss on sale of property, impairment of intangible assets and the impact from U.S. tax reform, net of tax, was $54.6 million compared to $50.6 million in Q4 2016, up $4.0 million or 8%. Net income was $120.2 million compared to $45.3 million in Q4 2016.

FULL-YEAR RESULTS
Total revenue from continuing operations increased 18%, to $4.74 billion from $4.03 billion in 2016. The contribution from business acquisitions of $824.1 million and higher fuel surcharge was offset by decreases in revenue from existing operations. Net of fuel surcharge, revenue from continuing operations reached $4.28 billion, up from $3.70 billion last year. Operating income from continuing operations decreased by $5.6 million to $243.7 million compared to $249.3 million in 2016. The decrease is attributable to an operating loss from business acquisitions of $13.2 million offset by improvement from existing operations’ operating income of $7.6 million.

Net income from continuing operations was $158.0 million, or $1.70 per diluted share, versus $157.1 million, or $1.64 per diluted share last year. Adjusted net income from continuing operations increased by $5.2 million to $192.6 million. Net income was $158.0 million compared to $639.6 million for 2016. The decrease is mainly attributable to last year’s net income from discontinued operations of $482.5 million, which includes a gain on the sale of the Waste Management segment in the amount of $490.8 million, net of tax, and to 2017’s intangible impairment charge of $138.4 million, net of tax, offset by the income tax recovery recorded as a result of U.S. tax reform for $76.1 million and by $59.2 million of higher gains on sale of property.

SEGMENTED RESULTS FROM CONTINUING OPERATIONS

(in millions of dollars)	Quarters ended Dec. 31				Years ended Dec. 31
	2017		2016		2017		2016
	$		$		$		$
Revenue1
Package and Courier	317.3		342.0		1,267.3		1,291.3
Less-Than-Truckload	194.8		181.3		799.2		732.1
Truckload	480.0		461.4		1,965.3		1,501.2
Logistics	79.0		65.6		299.5		236.6
Eliminations	(12.1)		(13.9)		(49.5)		(56.8)
Total	1,059.0		1,036.4		4,281.8		3,704.5
	$	% of Rev.1	$	% of Rev.1	$	% of Rev.1	$	% of Rev.1
Operating Income (Loss)
Package and Courier	35.8	11.3%	32.3	9.4%	124.4	9.8%	113.0	8.8%
Less-Than-Truckload	14.3	7.3%	13.3	7.3%	52.4	6.6%	47.9	6.5%
Truckload	22.7	4.7%	29.0	6.3%	77.3	3.9%	102.5	6.8%
Logistics	6.2	7.9%	7.1	10.8%	25.5	8.5%	21.8	9.2%
Corporate	(12.2)		(12.0)		(35.9)		(35.9)
Total	66.8	6.3%	69.7	6.7%	243.7	5.7%	249.3	6.7%

_{Note: due to rounding, totals may differ slightly from the sum.
¹ Revenue before fuel surcharge.}

CASH FLOW AND FINANCIAL POSITION
For the year ended December 31, 2017, net cash from operating activities from continuing operations increased by 10% from $337.9 million in 2016 to $372.6 million. The Company used this cash flow to return $150.6 million to shareholders, of which $69.0 million was through dividends and $81.6 million was through share repurchases.

TFI International’s long-term debt-to-equity ratio stood at 1.06 as of December 31, 2017, down from 1.09 a year earlier.

CONFERENCE CALL
TFI International will host a conference call on Tuesday, February 20, 2018 at 5:00 p.m. Eastern Time to discuss these results. Interested parties can join the call by dialling 1-877-223-4471. A recording of the call will be available until midnight, March 5, 2018, by dialing 1-800-585-8367 or 416-621-4642 and entering passcode 2595706.

FORWARD-LOOKING STATEMENTS
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of TFI International. These statements are based on assumptions and uncertainties as well as on management’s best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for TFI International’s products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.

NON-IFRS FINANCIAL MEASURES
This press release includes references to certain non-IFRS financial measures as described below. These non-IFRS measures do not have any standardized meanings prescribed by International Financial Reporting Standards (IFRS) and are therefore unlikely to be comparable to similar measures presented by other companies. Accordingly, they should not be considered in isolation, in addition to, not as a substitute for or superior to, measures of financial performance prepared in accordance with IFRS. The terms and definitions of the non-IFRS measures used in this press release and a reconciliation of each non-IFRS measure to the most directly comparable IFRS measure are provided below.

Adjusted EBITDA from continuing operations
Adjusted EBITDA from continuing operations is calculated as net income or loss from continuing operations before finance income and costs, income tax expense (recovery), depreciation, amortization, gain or loss on sale of land and buildings and assets held for sale and impairment of intangible assets. Management believes adjusted EBITDA from continuing operations to be a useful supplemental measure. Adjusted EBITDA from continuing operations is provided to assist in determining the ability of the Company to generate cash from its operations.

Adjusted EBITDA from continuing operations (unaudited, in thousands of dollars)	Quarters ended Dec. 31		Years ended Dec. 31
	2017	2016	2017	2016
Net income from continuing operations	120,192	46,387	157,988	157,059
Net finance costs	13,497	11,266	61,075	54,882
Income tax expense (recovery)	(67,613)	14,446	(40,642)	46,272
Depreciation of property and equipment	48,298	42,993	209,557	139,439
Amortization of intangible assets	15,949	15,233	61,200	53,647
Gain on sale of land and buildings	(394)	(2,382)	(232)	(8,948)
(Gain) loss on sale of assets held for sale	1,088	–	(77,446)	–
Impairment of intangible assets	–	–	142,981	–
Adjusted EBITDA from continuing operations	131,017	127,943	514,481	442,351

Adjusted net income from continuing operations and adjusted earnings per share from continuing operations, basic or diluted
Adjusted net income from continuing operations is calculated as net income or loss excluding amortization of intangible assets related to business acquisitions, net change in the fair value of derivatives, net foreign exchange gain or loss, gain or loss on sale of land and buildings and assets held for sale, impairment of intangible assets, impact from the U.S. tax reform and income or loss from discontinued operations, net of tax. Adjusted earnings per share from continuing operations, basic or diluted, is calculated as adjusted net income from continuing operations divided by the weighted average number of common shares, basic or diluted. The Company uses adjusted net income from continuing operations and adjusted earnings per share from continuing operations to measure its performance from one period to the next, without the variation caused by the impacts of the items described above. The Company excludes these items because they affect the comparability of its financial results and could potentially distort the analysis of trends in its business performance. Excluding these items does not imply they are necessarily non-recurring.

Adjusted net income from continuing operations (unaudited, in thousands of dollars, except per share data)	Quarters ended Dec. 31		Years ended Dec. 31
	2017	2016	2017	2016
Net income	120,192	45,339	157,988	639,579
Amortization of intangible assets related to business acquisitions, net of tax	10,122	9,234	38,346	32,744
Net change in fair value of derivatives, net of tax	49	(2,068)	(1,182)	3,546
Net foreign exchange (gain) loss, net of tax	(7)	(884)	1,826	1,546
(Gain) loss on sale of land and buildings and assets held for sale, net of tax	424	(2,060)	(66,710)	(7,504)
Impairment of intangible assets, net of tax	–	–	138,438	–
U.S. tax reform	(76,135)	–	(76,135)	–
Net (income) loss from discontinued operations	–	1,048	–	(482,520)
Adjusted net income from continuing operations	54,645	50,609	192,571	187,391
Adjusted earnings per share from continuing operations – basic	0.61	0.55	2.13	2.00
Adjusted earnings per share from continuing operations – diluted	0.60	0.54	2.08	1.96