On December 22, 2023, TFI International Inc. announced its acquisition of Daseke, Inc. for $11.27 (US$8.30) per share, valuing the transaction at approximately $1.5 billion (US$1.1 billion). This deal, expected to close in the second quarter of 2024, adds around 4,900 tractors, 11,000 trailers, and significant warehousing space to TFI's assets, enhancing its flatbed and specialized transportation and logistics services in North America. The acquisition is projected to be neutral to TFI's earnings per share (EPS) in 2024 and increase by at least $0.68 (US$0.50) per share in 2025. Daseke will integrate into TFI’s Truckload segment, potentially forming one of North America’s largest truckload businesses with annual revenues of around $4.9 billion (US$3.6 billion). TFI also contemplates future separation into two public companies. The transaction, financed through cash and available resources, received unanimous board approval from both companies and awaits shareholder and regulatory consent. Scudder Law Firm, P.C., L.L.O., acted as legal advisor to TFI, while J.P. Morgan Securities LLC and Kirkland & Ellis LLP advised Daseke.