TFI CEO Alain Bedard thinks the company’s U.S. LTL operations are booking too much light freight.
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Transport and logistics giant TFI posted quarterly gains across the board and raised the outlook for the rest of the year.
Big Brown is going small in test of e-cargo bikes
Después de un fuerte Q4, el CEO de TFI dice que el enfoque se mantiene en la eficiencia, la rentabilidad de la operación LTL de Estados Unidos
TForce Freight pickup and delivery drivers will be driving less and taking on more freight as TFI International pushes efficiency in its U.S. LTL operation, says TFI’s CEO.
TForce Freight has rolled back the speed reductions for some trucks based in Houston after drivers complained about running out of hours.
Holiday shipping deadlines you need to know!
TFI International is consolidating its U.S. truckload and dedicated operations, including Transport America and part of the former UPS Freight, under CFI to cut costs and boost performance.
TFI International plans to shut down four terminals at the former UPS Freight operation and the CEO signals more to come as the company targets costs.
TFI International fails to replicate early herculean improvement at ex-UPS Freight as operating ratio weakens slightly in record third-quarter financial results.
The Teamsters allege that TFI’s TForce Freight broke federal law when it reduced the speed limit of its trucks from 68 to 65 mph.
TFI International is working to hire more truck drivers at TForce Freight as it cuts salespeople amid a push to rebuild the UPS legacy operation.
TFI International’s hard line on unprofitable UPS Freight legacy business is helping accelerate the LTL carrier’s turnaround – and it’s just getting started
TFI International beats analysts in the second quarter as its U.S. LTL division left its days as UPS Freight in the dust.
The successor of UPS’ struggling LTL operation is set to post an operating ratio below 95%, TFI International says in an unusual preannouncement.
TFI International quietly buys Montreal-area trucking and logistics firm Procam International to expand its network.
UPS is partnering with companies like Zipline to take advantage
of drone technology to help deliver COVID-19 vaccines.
UPS-commissioned survey said health and safety protocols will keep more gift-givers home this year
Canadian trucking and logistics firm TFI International has completed its $800 million acquisition of UPS Freight, becoming one of the top less-than-truckload providers in North America.
The CEO of TFI International suggests the Canadian firm is looking to grow its relationship with UPS beyond its $800 million acquisition of UPS Freight.
In today’s edition of The Daily Dash, Old Dominion is the latest LTL carrier to announce a rate increase. Plus, SONAR data shows a freight market moving sideways, and Forward Air reaffirms its direction in spite of activist shareholder pressure.
Most less-than-truckload carriers have implemented general rate increases for 2021. The average increase is in the mid-single digits, ahead of some increases issued in the past and likely indicative of a firm LTL market.
CEO Alain Bedard said renting out terminal space is a way to buoy TFI’s real estate portfolio.
TFI International CEO says it will take a hard line on UPS Freight customers who aren’t making the company money after its $800 million acquisition closes.
In today’s edition of The Daily Dash, Schneider plans to invest in new equipment in 2021. Plus, UPS CEO Carol Tomé talks about the sale of UPS Freight; Jeff Bezos will step down as CEO of Amazon; and Daimler spins off its truck businesses.
The deal benefits TFI’s freight-centric culture and allows UPS to shed a noncore asset, Tomé says.
UPS reports all-time annual records for revenue and earnings per share.
In today’s edition of The Daily Dash, TFI International has acquired another carrier. Plus, the CDC says most truck drivers don’t have to wear masks, and flatbed operator Daseke is looking for acquisition targets.
Only a week removed from the $800 million purchase of UPS Freight, TFI International is back at it. On Monday, the company announced the acquisition of van and flatbed carrier Fleetway Transport.
In today’s edition of The Daily Dash, Landstar sees a cooling freight market in the second half of 2021. Plus, the Biden administration may consider regulating driver detention, and Werner sells its freight forwarding business.
In today’s edition of The Daily Dash, we explore the relationship between TFI International and the unionized LTL carrier UPS Freight. Plus, earnings have started in earnest and so far, so good.
UPS lost its 16-year battle to succeed in LTL. Now it’s TFI’s turn.
TFI International CEO Alain Bedard praised the partnership of UPS and the Teamsters and signaled his company’s willingness to work with unions ahead of the UPS Freight acquisition. But will it work?
In today’s edition of The Daily Dash, an activist investor speaks about what changes Forward Air should make. Plus, FedEx Ground is losing a key executive and why UPS Freight was no longer a strategic fit for UPS.
Andrew Cox and Seth Holm break down the pros and cons of UPS Freight selling to TFI International.
Market capacity is not loosening up as contract bid season gets into swing and Chinese New Year approaches.
In today’s edition of The Daily Dash, TFI International will acquire UPS Freight. Plus, the West Coast has supplanted Chicago as the king of the freight world, and outbound tender volumes keep falling.
Dooner and The Dude explore sales optimizations, faster payments for truckers and being charitable on this episode of WHAT THE TRUCK?!?
UPS’ sale of UPS Freight to Canadian firm TFI International will end the company’s not-very-happy venture into LTL.
TFI International has agreed to buy UPS Freight for about $800 million in its largest acquisition to date.
Former FMCSA administrator previously acknowledged getting participants could be difficult.
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Possible fines range from $13,000 to $130,000.
Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.
Freight haulers across transport modes join effort to raise awareness.
UPS faces economic and other challenges in the wake of COVID-19.
Two former UPS executives have new roles with Atlanta-based companies and a service center manager is named.
Old Dominion Freight Line announces a 4.9% general rate increase after reporting market stabilization in January.
Parcel drivers join long-haul colleagues in training to bolster community safety.
Werner, UPS Freight among initial companies participating in pilot.
Decision could make it easier for employers to make unilateral work-rule changes
Safety, labor advocates register early opposition to rule changes.
ATA concerned that extending deadlines could affect proper enforcement.
Protecting market share is part of the battle over longer trucks.
Lots of ideas for federal funding of infrastructure at Capitol Hill hearing, but the “pay-for” question still looms.
Operations to vary depending on pilot markets.
UPS advised shippers to take LTL business elsewhere. They did.
Rank-and-file at UPS Freight unit overwhelmingly ratify 5-year pact.
The Teamsters union has said that proposed changes to a tentative contract from UPS Freight, UPS Inc.’s (NYSE:UPS) less-than-truckload unit, fails to address the grievances raised by the rank-and-file, and that the union’s negotiating committee will call a nationwide strike sometime after Nov. 12 if workers reject the company’s offer.
The UPS Freight 30-day period is coming to an end and rank-and-file angry with the ratification decision in the face of a “no” vote are not sitting quietly.
The master agreement was ratified with less than 50% of the vote. Now it appears some of the local deals were as well.
The rank-and-file rejected the agreement, but the union says it didn’t meet a minimum level to not accept a deal. UPS appears baffled by all of this.
The judgement pertained to a company policy that resulted in drivers who must temporarily move into non-driving roles for medical reasons being paid less than drivers making the same move for non-medical reasons.
