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 ...

[Stay on top of transportation news: Get TTNews in your inbox.] Profit at TFI International fell 39.6% in the first quarter of 2025 due to continued freight market weakness and an industrywide decline ...

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 ...

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. (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.