UPS Freight

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.