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Five years after buying UPS’s freight business, TFI is struggling to turn it around
Source: The Globe and Mail
M&A & RestructuringTransportation & LogisticsCompany Fundamentals
TFI International bought UPS’s freight business five years ago for US$800 million, aiming to revive the unit and bring it to healthy profitability. The article excerpt does not report whether that goal was achieved.
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