Comment / Analysis: The $800m UPS Freight sale to TFI – two sides of the same coin

ACoin

By Alessandro Pasetti

27/01/2021

Sharp-minded UPS CEO Carol Tomé has done more good in just over six months than David Abney did in six years – the latest $800m divestment of UPS Freight to Canada’s TFI International is unequivocal proof of that.

In Abney’s defence, he didn’t have a chance to bank on Covid-19 before he left. Yet the latest message from the new chief is now one of full awareness: don’t rule out more corporate action from Tomé at UPS Supply Chain Solutions (UPS SCS) now that ...

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FedEx Old Dominion Freight Line Takeover Talk TFI International UPS UPS Freight XPO Logistics

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