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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 ...
UPS paid $1.8 billion to buy Coyote from the private-equity firm Warburg Pincus as it looked to expand in the booming freight-brokerage business. Before that, UPS had used Coyote to provide extra ...
UPS employees belonging to the International Brotherhood of Teamsters union have voted to approve a new five-year national master contract with the company ahead of the July 31 deadline, UPS ...
UPS Airlines is a major American cargo airline based in Louisville, Kentucky, United States. [ 8] One of the largest cargo airlines worldwide ( in terms of freight volume flown ), UPS Airlines flies to 815 destinations worldwide. [ 9] It has been a wholly owned subsidiary of United Parcel Service since its launch in 1988.
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