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 ...
Discover why TFI International's strong fundamentals and market dynamics make it a compelling buy, despite weak 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.
TFI International remains undervalued, delivering strong free cash flow, low leverage, and disciplined capital allocation despite a prolonged freight downturn. Operational efficiency improvements and ...
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 ...
Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment. Closing the largest of ...
Transport and logistics company TFI International Inc. posted fourth-quarter adjusted earnings of $1.71 per diluted share, a 4-cent-per-diluted-share beat from consensus estimates. Alain Bédard, the ...
MONTREAL, Jan. 25, 2021 (GLOBE NEWSWIRE) -- TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has signed a ...
TFI International plans to close four former UPS Freight terminals in December as the Canadian company works to bring down costs and optimize its U.S. LTL network, CEO Alain Bédard told financial ...
Dixon Mitchell Investment Counsel reported a purchase of 93,705 shares of TFI International Inc. ( TFII +1.09%), according to ...
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 ...
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