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 ...

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.

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 ...

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 ...

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 ...

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 ...

UPS Inc. and the International Brotherhood of Teamsters have approved a new five-year contract, averting a strike by 11,600 UPS freight workers as the Atlanta-based company heads into its busiest ...

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 ...

UPS has been telling customers to be prepared in case the Teamsters union votes down a tentative five-year contract with its UPS Freight less-than-truckload (LTL) division later this month, giving ...

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Shares of United Parcel Service Inc. announced Monday an agreement to sell its UPS Freight (UPSF) business for $800 million to Canada-based trucking company TFI International Inc. . UPS expects to ...