FW: TFI’s Bedard upbeat on revamped US LTL operations even as numbers sink
FREIGHTWAVES reports: It may come as a surprise that TFI International CEO Alain Bedard was reasonably ...
Giant US integrator UPS has agreed to sell its UPS Freight division to Canadian transport and logistics operator TFI International, for $800m.
The deal for the truckload and less-than-truckload (LTL) unit includes a clause under which UPS Freight will continue to use UPS’s domestic package network to fulfil shipments for five years.
TFI said the LTL operations would be continue to “operate independently” as part of its newly formed TForce Freight division, while the truckload operations would be folded into its existing truckload ...
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