 MONTREAL, April 30, 2021 GLOBE NEWSWIRE -- TFI International Inc. NYSE and TSX: TFII, a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of UPS Freight, the less-than-truckload LTL and dedicated truckload TL divisions of United Parcel Service, Inc. NYSE: UPS, for US800 million on a cash-free, debt-free basis before working capital and other adjustments. As previously stated, approximately 90 of the acquired business will operate independently within TFI Internationals LTL business segment under its new name, TForce Freight, while acquired dedicated TL assets will join TFIs TL business segment. 