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UPS Sells Freight Brokerage Operation to RXOIn 2021, the company sold its UPS Freight less-than-truckload unit, which combined multiple customer loads in a single trailer, to Canada-based trucking company TFI International for $800 million.
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UPS will pay $45 million in fines with SEC settlement23 (UPI) --The world's largest courier service, UPS ... value of UPS Freight, its business unit responsible for transporting shipments that amounted to less than a full truckload.
The company divested its less-than-truckload division, UPS Freight, in the second quarter of 2021 as part of CEO Carol Tomé's "better, not bigger" framework. In September 2023, UPS also divested ...
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