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$800M
- TFI International (NYSE: TFII) inks agreement to acquire UPS Freight, the less-than-truckload and dedicated truckload divisions of United Parcel Service (NYSE: UPS), for an $800M on a cash-free, debt-free basis before working capital and other adjustments.
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Jan 25, 2021 · Expected to close during the second quarter of 2021. 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.
Jan 25, 2021 · Montreal, Quebec, January 25, 2021– TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has signed a definitive agreement to acquire UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) divisions of United Parcel Service, Inc. (NYSE: UPS ...
Apr 30, 2021 · TFI International ( NYSE:TFII) has completed its $800 million acquisition of UPS Freight ( NYSE:UPS ), the Canadian trucking and logistics firm said Friday as it ushered in a new era as one of the largest less-than-truckload carriers in North America. It came three months after TFI and UPS announced the deal in January.
Acquisition of UPS Freight (“UPSF”) represents an opportunity to greatly expand TFI’s US LTL presence Attractive pro forma financial profile, expected to be immediately accretive to TFI’s Diluted EPS and Operating Cash Flow Substantial longer-term profitability benefits expected via operational initiatives including yield enhancements,
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Jan 25, 2021 · TransForce International has announced it has acquired UPS Freight, the less-than-load (LTL) and truckload divisions of United Parcel Services. Those divisions generated about US$3 billion in revenue last year, and will give TFI International what it says will be the most extensive North American LTL networks in the U.S. and Canada.
May 3, 2021 · TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30. The UPS division, which is focused on less-than-truckload and dedicated...
Montreal, Quebec, April 30, 2021 – TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) divisions of United Parcel Service, Inc ...
