Trucking and freight stocks are on watch on Monday amid the jump in oil prices over the weekend. The group tends to struggle ...

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 ...

UPS (NYSE: UPS), has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments.

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 ...

The former UPS Freight LTL carrier – which has been enough of a headache for its subsequent owner that its CEO felt the need to defend its acquisition in a recent earnings call – was not properly ...

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 on its ...

UPS Freight workers voted in favor of approving a new labor contract, avoiding the risk of a strike that could have affected shippers transporting their goods around the country. However, it’s ...

UPS Freight says it is working “to empty [its] network of freight by Friday,” due to the potential for a work stoppage by its drivers. UPS Freight is the company’s less-than-truckload division, for ...

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