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 ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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