UPS (NYSE: UPS), has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments.

The decision to sell UPS Freight was reached following an evaluation of the UPS portfolio and aligns with the company’s “better not bigger” strategic positioning, UPS said in a press release. The ...

United Parcel Service, Inc. UPS recently announced that it has inked a deal to purchase MNX Global Logistics (“MNX”), a time-critical logistics provider. Subject to customary regulatory review and ...

ATLANTA--(BUSINESS WIRE)-- Today, it was announced by Billy Payne, Chairman of Augusta National Golf Club and the Masters Tournament, that UPS (NYS: UPS) will become an International Partner of the ...

UPS has named two executives to posts heading up U.S. operations and international business. Nando Cesarone, president of UPS International, will become president of U.S. operations. He has also been ...

UPS on Monday, Oct. 1, said it will become the first package carrier to offer customers a paperless international shipping option as well as a package return capability to 98 countries and territories ...

UPS Inc. announced that it is expanding package delivery service into the Caribbean, Central America, South America, Asia, Europe and Africa to reach a total of 117 countries and national territories.

Sandy Springs-based UPS announced it was rolling out a new tool for its customers to see how international products stack up fees when they get shipped in. UPS said the goal was to have “no more ...

UPS (NYSE: UPS) has agreed to sell its freight division to TFI International (NYSE: TFII) for $800 million by the second quarter of 2021. While investors in both companies cheered the development, TFI ...

UPS announced on Oct. 1 it will become the first package carrier to offer customers a paperless international shipping option and a returns capability to 98 countries and territories. The new services ...