Canada’s TFI To Acquire UPS Freight In $800 Million Deal
PYMNTS
JANUARY 25, 2021
Canadia's TFI International (TFI) is acquiring Richmond, Virginia-headquartered UPS Freight for $800 million in a deal anticipated to close in the first quarter of 2021. UPS is pulling out of the domestic trucking market to focus on the escalating small package delivery business. billion in 2020 revenue. and Canada.
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