MONTREAL - TFI International Inc. says profit and revenue shot up in its latest quarter amid heightened demand for goods and materials during the COVID-19 pandemic.

Canada's largest publicly traded trucking company is reporting that profits jumped by 67 per cent to US$144.1 million in the quarter ended Dec. 31 from US$86.3 million a year earlier.

TFI, which reports in U.S. dollars, says revenue leapt 91 per cent to US$2.14 billion in the fourth quarter from US$1.12 billion during the same period in 2020.

On an adjusted basis, the Montreal-based company says diluted earnings per share increased 60 per cent to $1.57 from 98 cents.

The figure registered more than one-third above analyst expectations of $1.17 per share, according to financial data firm Refinitiv.

While the trucking sector continues to face hurdles including a dire labour shortage, surging demand for consumer items, raw materials and manufacturing components has fuelled growth across the industry.