The decision to sell UPS Freight was reached following an evaluation of the UPS portfolio and aligns with the company’s “better not bigger” strategic positioning, UPS said in a press release. The ...

TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation. The Montreal-based transportation and logistics company said Q2 ...

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 ...

TFI International Inc. (TFI) is buying UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) division of United Parcel Service Inc., for $800 million, the two companies announced.

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 ...

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment. Closing the largest of ...

TFI International Inc. presents an enticing investment opportunity in the logistics industry, boasting a strong North American presence. Despite recent revenue dips attributable to market conditions ...

MONTREAL, Jan. 25, 2021 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has signed a ...

TFI International plans to close four former UPS Freight terminals in December as the Canadian company works to bring down costs and optimize its U.S. LTL network, CEO Alain Bédard told financial ...

MONTREAL, April 30, 2021 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on ...

Can TFI International Inc. succeed when UPS Inc. could not? Beginning July 1 or thereabouts, the rubber will hit the road. In selling, UPS will cut its losses from buying Overnite Transportation Co., ...