US – Heartland Express announced Monday the acquisition that it will acquire the Contract Freighter’s non-dedicated U.S. dry van and temperature-controlled truckload business and CFI Logistica operations.
The acquisition will make Heartland the eighth largest TL Fleet and third largest asset-based irregular route carrier in the US.
The fleet count will be a staggering 5,550 tractors, 17,800 trailers, and $1.3 billion in annual revenue.
Headquartered in Joplin, Missouri, CFI provides dry van and temperature-controlled truckload services to major customers throughout the U.S. and into Mexico and Canada. CFI was a pioneer in the cross-border Mexican
logistics arena and remains one of the sector’s largest and most respected supply chain partners, with operations at five major entry points from California through Texas. CFI Logistica provides asset-light truckload and less-than truckload services in Mexico, in particular serving as a distribution partner for several large U.S. LTL companies.
CFI will continue to operate under its current banner with the same management team.