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 ...

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 ...

UPS announced the launch of UPS Freight Pickup Notifications for LTL, a service designed to provide an added level of pickup control for the less-than-truckload industry. The new feature for LTL ...

– Combined LTL networks in the United States and Canada projected to provide most extensive North American coverage, accelerating industrial and e-commerce growth opportunities – “In particular, we ...

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 ...

This story appears in the July 30 print edition of Transport Topics. UPS Inc. raised second-quarter earnings to $1.12 billion, with help from its less-than-truckload unit, but the biggest parcel and ...

United Parcel Service is changing the name of its Overnite Corp. subsidiary the holding company for Overnite Transportation and Motor Cargo to UPS Freight, effective May 1. The carriers will be known ...

Canadian trucking company TFI International Inc. (TFII-T) is buying a key freight business from United Parcel Service (UPS-N) for US$800-million, its biggest acquisition as it punches into the top ...