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TForce Freight, a subsidiary of TFI International, is an American less than truckload (LTL) freight carrier based in Richmond, Virginia. [1] The company was founded in 1935 as Overnite Transportation, [2] the name it used until 2006 when it was rebranded UPS Freight by new owner UPS. Its name changed to TForce Freight in 2021 when UPS sold the ...
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
UPS Freight was acquired by TFI in 2021 and renamed TForce Freight. In January 2021, TFI agreed to purchase UPS ' LTL and truckload subsidiary UPS Freight for US$800 million . [ 40 ] At the time, the acquisition was the second largest deal in North American trucking history after the 2017 merger of Swift Transportation and Knight Transportation ...
The SEC order said that in 2019 UPS determined that its freight division was likely to sell for no more than about $650 million. ... 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help.
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United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more ...