TFI International remains undervalued, delivering strong free cash flow, low leverage, and disciplined capital allocation despite a prolonged freight downturn. Operational efficiency improvements and ...

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 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.

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

(RTTNews) - TFI International Inc. (TFII, TFII.TO) has agreed to sell its Truckload, Temp Control and Mexican non-asset logistics businesses to Heartland Express, Inc. (HTLD) for $525 million. The CFI ...

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 ...

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., ...

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 ...

UPS (NYSE: UPS) has agreed to sell its freight division to TFI International (NYSE: TFII) for $800 million by the second quarter of 2021. While investors in both companies cheered the development, TFI ...

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 ...