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TFI to acquire UPS Freight for $800M – DFM DATA CORP.

TFI to acquire UPS Freight for $800M

Industry Articles / By / 2021-01-25

DFM Commentary:

Not every organization can operate effectively in this volatile environment. Nimbleness, investment in innovative solutions, and scale, all help organizations weather tough times and emerge stronger. DFM Data Corp.’s data cleansing solution is an investment that provides an efficiency and morale boost for DFM Member frontline shipper, broker, and carrier freight matching agents. #digitalfreightmatching #digitization

Link to Source: https://www.freightwaves.com/news/breaking-tfi-to-acquire-ups-freight-for-800m

Quotes from Article:

“TFI has built itself into one of North America’s largest trucking and logistics companies by acquiring companies with struggling margins — and then aggressively turning them around.”
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“The deal also represents TFI’s single-largest turnaround project.”

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