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.

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 ...

UPS has entered into a definitive agreement to sell UPS Freight to TFI International Inc. for $800 million, subject to working capital and other adjustments. UPS said the decision to sell UPS Freight ...

TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30. The UPS division, which is focused on less-than-truckload and dedicated truckload ...

UPS is selling its LTL and truckload business, UPS Freight, to TFI International for $800 million, the companies announced Monday morning. The completion of the deal is expected in the second quarter ...

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 ...