TFI International buys UPS Freight for $800 million

UPS reached an agreement to sell the Virginia-based UPS Freight to Canadian trucking giant TFI International for $800 million. All UPS Freight’s 14,500 workers will become employees of TFI when the deal is finalized, The Richmond Times-Dispatch reported. About 80% of them are full-time workers and all current LTL freights, are being displayed as TFI International instead of UPS Freight. For more information, follow this link