TFI International Declares Quarterly Dividend

Montreal, Quebec, December 17, 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 $0.24 per outstanding common share of its capital payable on January 15, 2019 to shareholders of record at the close of business on December 31, 2018.

A portion of dividends paid will not be eligible dividends as they come from earnings of acquired companies that were taxed at lower rates. Therefore, 4% (approximately $0.01 per share) of the current dividend will not be designated as an eligible dividend while the balance of 96% (approximately $0.23 per share) will be designed as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.