UPS is selling its LTL and truckload business, UPS Freight, to TFI International for $800 million, the companies announced Monday morning. The completion of the deal is expected in the second quarter ...
For a little more than 15 years, UPS attempted to shoehorn a less-than-truckload segment into its parcel delivery monolith. While UPS at the time lauded its new subsidiary for its “extensive ...
Alain Bedard, the CEO of TFI International, assured analysts on the company’s earnings call Tuesday that he wasn’t sorry the company bought less-than-truckload carrier UPS Freight in early 2021. “If ...
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