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 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 ...

ATLANTA--(BUSINESS WIRE)-- Today, it was announced by Billy Payne, Chairman of Augusta National Golf Club and the Masters Tournament, that UPS (NYS: UPS) will become an International Partner of the ...

United Parcel Service, Inc. UPS has entered into a definitive agreement to sell UPS Freight to an affiliate of TFI International Inc. The move is aligned with the company’s better not bigger strategy.

UPS has named two executives to posts heading up U.S. operations and international business. Nando Cesarone, president of UPS International, will become president of U.S. operations. He has also been ...

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.

UPS on Monday, Oct. 1, said it will become the first package carrier to offer customers a paperless international shipping option as well as a package return capability to 98 countries and territories ...

UPS Inc. announced that it is expanding package delivery service into the Caribbean, Central America, South America, Asia, Europe and Africa to reach a total of 117 countries and national territories.

Since the recent termination of the nearly decade-old trade rule called “de minimis,” United States consumers and businesses have been exposed to slower shipping, destroyed packages and steep tariff ...

UPS and union leaders have reached a tentative agreement to add air conditioning to the company’s delivery trucks for the first time. In addition to air conditioning, the iconic brown trucks will get ...

The union representing 340,000 UPS workers said Tuesday that its members voted to approve the tentative contract agreement reached last month, putting a final seal on contentious labor negotiations ...