ACQUIRED · 2021
Who Acquired UPS Freight?
TFI International · $800.0M
The acquisition
UPS Freight (Richmond, Virginia) was acquired by TFI International in 2021 for $800.0M. LTL and dedicated TL divisions of UPS with 197 facilities (147 owned), 14,500 employees. at 0.27× revenue.
UPS Freight at time of acquisition
Revenue
$3000.0M
Deal value
$800.0M
Other acquisitions by TFI International
Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.
- Daseke Inc. · 2024 · $1.10B · 6.0× EBITDA
Similar trucking acquisitions
- FirstFleet Inc. · acquired by Werner Enterprises in 2026 · $282.8M
- Cardinal Logistics · acquired by Ryder System in 2024 · $297.0M
- Cowan Systems, LLC · acquired by Schneider National in 2024 · $390.0M
- Daseke Inc. · acquired by TFI International in 2024 · $1.10B
- Midwest Motor Express (RAC MME Holdings) · acquired by Knight-Swift Transportation in 2022 · $150.0M
Run a valuation for a similar trucking business
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Sourced from TFI International Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2021). UPS Freight acquired by TFI International. https://exitvalue.ai/acquired/ups-freight