Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, ...

In 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.

After some three years of weaker demand for package deliveries, the “freight recession” that has ... As that momentum builds, the analysts upgraded UPS UPS to a buy rating from their version ...

Separating the freight unit from the parcel delivery business follows a similar move UPS made in 2021. The difference is that UPS exited the industry entirely when it sold off its own LTL business ...