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 ...
Sandy Springs-based UPS, which is slashing costs as it seeks to boost its bottom line, is selling its Coyote Logistics freight brokerage unit for $1.025 billion, nine years after acquiring the ...
UPS agreed to pay the Securities and Exchange Commission $45 million to settle charges it overvalued UPS Freight before selling the LTL unit to TFI international in 2021, the SEC announced last month.
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