Alain Bedard, the CEO of TFI International, assured analysts on the company’s earnings call Tuesday that he wasn’t sorry the company bought less-than-truckload carrier UPS Freight in early 2021.

Tomé explained that these moves "eliminated a highly volatile truckload brokerage business and added air cargo volume that is predictable and margin positive." Dykes also brought up UPS' cost ...

The company attributed this to its decision to divest its volatile truckload brokerage business, Coyote Logistics. UPS saw an increase in average daily volumes in its domestic segment, with an ...

As one of the largest LTL carriers in North America ... United Parcel Service Inc. (NYSE:UPS) is one of the world’s largest package delivery companies and a leading provider of global supply ...

See also: TFI’s Bédard: Freight market won’t turn until next year Growing TFI’s LTL presence is a priority for Bédard, who oversaw the 2021 acquisition of UPS Freight's operations ...

LTL industry average capital returns between 2006 ... Also, execution at a few very large providers like UPS Freight (acquired by TFI) hasn't been stellar. In contrast, OD kept its head above ...

Alain Bedard, the CEO of TFI International, assured analysts on the company’s earnings call Tuesday that he wasn’t sorry the company bought less-than-truckload carrier UPS Freight in early 2021. “If ...

Old Dominion Freight Line provides less-than-truckload (LTL ... that need to send shipments which are too large for FedEx or UPS (>150 lbs) but not large enough to fill a whole truck (<15,000 ...

Additionally, truckload sector supply and demand are inching ... and originally there was speculation that former UPS COO Jim Barber was in the running. Before Ford, Bozeman spent about five ...

UPS' domestic US package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics ...