United Parcel Service has agreed to sell its freight business to TFI International in a deal worth $800 million. Shares advanced almost 3% in Monday’s afternoon trading. UPS (UPS) said that the ...

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 is selling its UPS Freight less-than-truckload division to TFI International Inc. for $800 million. The decision to sell UPS Freight aligns with the company’s “better not bigger” strategic ...

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 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 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 ...