Transportation TFI focusing on ‘freight that fits’ former UPS Freight biz July 27, 2021 TFI International says its recently acquired UPS Freight business is already outperforming expectations, but work is still needed to ensure the now-named TForce Freight delivers consistent and profitable results. That…
Transportation TFI business units reach ‘new heights’ in Q2 July 27, 2021 TFI International is reporting surges in operating profit and net income in the second quarter of 2021, thanks in part to a stronger-than-expected boost linked to the acquisition of UPS…
Business Management TFI International closes UPS Freight deal April 30, 2021 TFI International has closed its acquisition of UPS Freight. (Photo: iStock) The company announced the acquisition, for US$800 million, in January. About 90% of the division will operate as TForce…
Business Management Lessons from trucking’s M&A binge March 11, 2021 Not sure if there’s ever been a time in Canada’s trucking industry when M&A lawyers were as busy as they were during the first two months of 2021. Every other…
Business Management TFI International buys UPS Freight in $800M blockbuster deal January 25, 2021 TransForce International has announced it has acquired UPS Freight, the less-than-load (LTL) and truckload divisions of United Parcel Services. Those divisions generated about US$3 billion in revenue last year, and…
UPS continues to green its fleet May 14, 2008 GAFFNEY, S.C. -- UPS has placed what's being called the largest order of alternative fuel commercial vehicles with ...
