Weekender: UPS sells Freight segment to TFI for $800M

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UPS sells Freight segment to TFI for $800M The sale focuses UPS on its core parcel businesses while allowing TFI to expand its diverse trucking portfolio in a continued acquisition spree. XPO CEO: More acquisitions possible once spinoff is complete Bradley Jacobs turned XPO into a trucking powerhouse over the years by growing the LTL company organically and through absorbing other firms. What truckers want: Good pay, bonuses, hot showers When drivers asked for showers and parking, National Carriers invested $5 million in a facility upgrade. Fleet electrification a catalyst for wider EV adoption: study Fleet electrification will require a fundamental business restructuring for many organizations and, if executed poorly, "can be a series of very costly errors," according to a new report. Diversification gives Daseke a solid foundation as construction market shrinks Diverse customer portfolios have separated fleets that maintained business during market downswings from those that struggled. Best of What We're Reading Transport Topics Freight Transportation Undergoing Uneven Recovery, Panel Says Heavy Duty Trucking Volvo Group Creates Electrification Business Unit Land Line Used Class 8 truck sales up in 2020, signaling good year for trucking HR Dive CDC publishes vaccination posters, templates for employers with essential workers DC Velocity Werner sells off freight forwarding arm to focus on North American logistics business American Journal of Transportation Elaborate vaccine distribution logistics pose next big coronavirus hurdle Suggest a story we should read Dive Into a Topic Technology Regulatory Workforce Safety Operations Equipment Infrastructure Share Transport Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Transport Dive: Daily Dive. Here's your link to share: https://www.transportdive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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