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United Parcel Service. United Parcel Service, Inc. ( UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [ 1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [ 6] and one of the world's largest shipping couriers.
In 2021 LaserShip acquired west coast delivery service OnTrac Logistics, Inc. for $1.3 billion, equivalent to $1.46 billion in 2023. [6] The two entities merged their delivery networks to form a transcontinental delivery network and rebranded their combined services to OnTrac.
Under the new contract, existing full- and part-time UPS workers (in the Teamsters union) will get $2.75 more per hour in 2023 — and over the length of the contract, wage increases will total $7 ...
TForce Freight. TForce Freight, a subsidiary of TFI International, is an American less than truckload (LTL) freight carrier based in Richmond, Virginia. [ 1 ] The company was founded in 1935 as Overnite Transportation, [ 2 ] the name it used until 2006 when it was rebranded UPS Freight by new owner UPS. Its name changed to TForce Freight in ...
United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more ...
FedEx Corporation, originally Federal Express Corporation, is an American multinational conglomerate holding company focused on transportation, e-commerce and business services based in Memphis, Tennessee. [ 3][ 4] The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used ...