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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 ...
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 ...
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 ...
Washington, D.C.--(Newsfile Corp. - November 22, 2024) - The Securities and Exchange Commission today announced settled charges against United Parcel Service Inc. for materially misrepresenting its ...
This story appears in the July 1 print edition of Transport Topics. The Teamsters union and UPS Inc. said they are resuming talks on rejected supplemental agreements to a master contract for the ...
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 ...
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