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. TFI, which includes truckload, less-than-truckload and logistics operations, reportedly generated revenue of approximately $4.1 and Canada. billion in 2019.
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