One week removed from the $800 million blockbuster deal for UPS’ (NYSE:UPS) LTL division, UPS Freight, which netted it a top-5 market share in the less-than-truckload space, TFI International (NYSE: TFII) is back at it, this time acquiring a smaller truckload carrier.
The Canadian trucking and logistics company announced Monday the acquisition of Brantford, Ontario-based Fleetway Transport. The nearly 40-year-old company specializes in full TL shipments and heavy-haul flatbed loads.
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https://www.freightwaves.com/news/tfi-still-making-deals-acquires-fleetway