Transport Topics

TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls

[Stay on top of transportation news: Get TTNews in your inbox.] TFI International is going on a diet, cutting costs across both its less-than-truckload and truckload businesses amid what CEO Alain ...

TFI International (TFII) Subsidiary TA Dedicated Acquires Triangle Warehouse to Expand Logistics Operations

TFI International Inc. (NYSE:TFII) is one of the 10 Best Canadian Stocks to Buy for Long Term. TFI International Inc.
CCJ

TFI acquiring UPS Freight for $800 million

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 ...
Fleet Owner

TFI shopping for big acquisition as it looks to grow LTL operations in '25

TFI International Inc. is preparing for “something of size” regarding a U.S. acquisition late next year or in early 2026, Alain Bédard, the mega fleet's chairman, president, and chief executive, told ...
Atlanta Journal-Constitution

UPS sells freight unit to TFI for $800 million

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 ...
Fleet Owner

TFI International to acquire UPS Freight

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.
Seeking Alpha

TFI International: The Road Ahead Looks Bright For This Logistics Leader

TFI International Inc. presents an enticing investment opportunity in the logistics industry, boasting a strong North American presence. Despite recent revenue dips attributable to market conditions ...
Yahoo

Trucking Titan TFI Makes $1.1 Billion Deal as Yellow Offloads More Terminals

Add Yahoo as a preferred source to see more of our stories on Google. As 2023 concludes, the landscape of North American trucking keeps shifting as liquidating Yellow Corp. sells off more of its ...
Nasdaq

TFI International to Acquire US$3 Billion Revenue LTL Carrier UPS Freight in Approximately US$800 Million Enterprise Value Transaction

– Combined LTL networks in the United States and Canada projected to provide most extensive North American coverage, accelerating industrial and e-commerce growth opportunities – “In particular, we ...

Is It Too Late To Consider TFI International (TSX:TFII) After Its Strong Share Price Run?

If you are wondering whether TFI International at around $184.95 is still fairly priced or starting to look stretched, you ...
Transport Topics

TFI Buys UPS Freight for $800 Million

TFI International Inc. is acquiring UPS Freight in an $800 million deal that company leaders said aligns with their businesses’ individual and shared goals. Under the deal, announced Jan. 25, UPS ...