UPS (NYSE: UPS), has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments.

UPS said it is selling its freight unit for $800 million to Canadian trucking company TFI International Inc. as part of its “better not bigger” strategy. UPS Freight, which trucks bulk shipments from ...

TFI International Inc. is acquiring UPS Freight in an $800 million deal that company leaders said aligns with their businesses’ individual and shared goals. Under the deal, announced Jan. 25, UPS ...

United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its ...

UPS Freight workers voted in favor of approving a new labor contract, avoiding the risk of a strike that could have affected shippers transporting their goods around the country. However, it’s ...

UPS Freight says it is working “to empty [its] network of freight by Friday,” due to the potential for a work stoppage by its drivers. UPS Freight is the company’s less-than-truckload division, for ...

The former UPS Freight LTL carrier – which has been enough of a headache for its subsequent owner that its CEO felt the need to defend its acquisition in a recent earnings call – was not properly ...

Atlanta-based United Parcel Service Inc. will sell its Richmond-based UPS Freight unit to Canadian logistics company TFI International Inc. for $800 million, the package delivery company announced ...

Update, Nov. 11, 10 p.m. ET: UPS Freight workers approved a new five-year deal by a 77-23% margin, averting a strike. About 84% of eligible members voted. According to the Atlanta Journal-Constitution ...

United Parcel Service says it is turning to technology connected to the Internet to better integrate freight tracking between trucking, air, rail, and ocean transportation modes. “Visibility into the ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty for materially misrepresenting its earnings by improperly ...

Every time Rachel publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...