Is TForce a good company to work for?
Is TForce Freight a good company to work for? TForce Freight has an overall rating of 2.8 out of 5, based on over 140 reviews left anonymously by employees. 37% of employees would recommend working at TForce Freight to a friend and 33% have a positive outlook for the business.29-Sept-2022
TForce Logistics is an absolute horrible company. They lost $12K worth of material somewhere in their shipping network and after trying to locate it for 7 months to no avail, offered restitution of $200 on our claim.
Is TForce owned by UPS?
The company was founded in 1935 as Overnite Transportation, the name it used until 2006 when it was rebranded UPS Freight by new owner UPS. Its name changed to TForce Freight in 2021 when UPS sold the company to TFI.
TFI is a major trucking and transport corporation which operates a number of trucking companies, primarily based in Canada. They have acquired truckload, logistics, courier and LTL companies. Some of them are union, with contracts with Teamsters Canada, and a few in Missouri are in the Teamsters.28-Jan-2021
Who owns TForce Freight?
TForce Freight/Parent organizations
CEO Alain Bedard noted that TForce will continue to bring on new equipment to save on maintenance, and aims to greatly reduce city cartage mileage by aiming for freight that is within 5 to 15 miles of a terminal. TFI is the largest Canadian-based trucking corporation, and TForce is its largest division.29-Apr-2022
Who bought TForce Freight?
UPS is selling its UPS Freight less-than-truckload (LTL) unit to TFI International Inc., a Canadian holding company that is parent to truckload giant CFI and other transport entities, for $800 million, subject to working capital and other adjustments.25-Jan-2021
TFI's LTL business, which is overwhelmingly represented by TForce Freight, brought in $85.1 million in operating income on total revenue of $989.3 million, or 860.8 million excluding fuel surcharges.29-Oct-2021
How is TForce Freight doing?
TForce's operating ratio hit 89.4%, its lowest level since TFI acquired UPS' struggling LTL operation, UPS Freight, in April. But as Bédard made clear to analysts, TFI has far more aggressive ambitions: an operating ratio of 80% or lower.08-Feb-2022
TFI International has an overall rating of 3.3 out of 5, based on over 58 reviews left anonymously by employees. 48% of employees would recommend working at TFI International to a friend and 49% have a positive outlook for the business. This rating has improved by 12% over the last 12 months.22-Sept-2022
What is the biggest trucking union?
Teamsters or the International Brotherhood of Teamsters is the biggest trucking union in the US.28-Jun-2021
We are excited to announce the acquisition of UPS Freight by TFI International. Our new name is now TForce Freight. This will be a seamless transition for you, as UPS Freight assets and employees will continue to serve our customers as TForce Freight.
Does TForce deliver on holidays?
Delivery service is not available unless scheduled in advance with TForce Freight Expedited at (800)644-0900.TForce Freight Holiday Schedule - U.S. (*)
What's Going to Happen to UPS Freight? The small truckload segment will be absorbed into TFI, becoming a part of its existing truckload business. Alternatively, the LTL division will work within TFI's LTL business, but it will do so independently as TForce Freight.10-Aug-2021
How much did TForce buy UPS for?
$800 million
“The agreement allows UPS to be even more laser-focused on the core parts of our business that drive the greatest value for our customers.” The decision to sell UPS Freight was reached following a thorough evaluation of the UPS portfolio, and aligns with the company's “better not bigger” strategic positioning.25-Jan-2021
Why did TForce buy UPS Freight?
TFI International bought UPS Freight with plans to make the LTL carrier “lean and mean,” a turn of phrase CEO Alain Bédard likes to use. While the company is implementing that strategy, including recent cuts to salespeople, one thing it needs more of is truck drivers.24-Sept-2021
Corporate Management Since the late 1990s, TFI has been led by chairman, president, & CEO Alain Bédard.
Is TForce publicly traded?
Truckload; Logistics. TFI International Inc. is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII.28-Feb-2022
Approximately US$800 Million
Who owns UPS Freight now?
TForce Freight/Parent organizations
Is TForce a good company to work for?