TFI may lease UPS Freight terminals to other truckers, CEO says

Canadian trucking company TFI International Inc. (NYSE and TSX: TFII), which has said it will acquire less-than-truckload carrier UPS Freight from parent UPS Inc. (NYSE:UPS) for $800 million in cash, will consider renting out space in UPS Freight’s terminals to other trucking companies, TFI Chairman, President and CEO Alain Bedard told analysts.

On a conference call to discuss Montreal-based TFI’s fourth-quarter results, Bedard said that TFI will look at renting space in terminal yards and docks...

https://www.freightwaves.com/news/tfi-may-lease-ups-freight-terminals-to-other-truckers-ceo-says

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