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.
TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said ...
RXO is boasting that its projected efficiency savings from the Coyote Logistics acquisition will surpass earlier estimates.
Global small package operations drive volume growth, signaling strong market demand.
Despite a sluggish freight market, some fleets are finding ways to thrive and gain a competitive edge. Check out the carriers ...
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 ...
Renewable natural gas isn't perfect as a truck fuel. But, from availability, performance and infrastructure standpoints, no ...
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 ...