https://arxiv.org/abs/2105.00110
The paper shows high efficiency compared to other centralities like PageRank, however in some research using the GraphBLAS I and my coauthors found that TC was slower on a variety of sparse graphs than our sparse formulation of PR for graphs up to 1.8 billion edges, but that TC appears to scale better as graphs get larger and is likely more efficient in the trillion edge realm.
https://fossies.org/linux/SuiteSparse/GraphBLAS/Doc/The_Grap...