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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.
This expansion added 979 new zip codes, [17] an 18 percent increase of their delivery coverage. [18] In April 2023, the company announced plans to change its name to OnTrac. [19] By 2022, OnTrac's service area covered 80 percent of the U.S population across 31 states and Washington, D.C. [20]
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.
UPS Capital was created in 1998 as a financial services division within UPS. UPS Capital at first leveraged an existing UPS product, collect on delivery (C.O.D.), as its core service offering, but the traditional C.O.D. model was improved with financial benefits designed to help accelerate and secure the flow of funds between UPS shippers and their customers. The success of these enhancements ...
In March 2001, UPS acquired Mail Boxes Etc., [3] which was founded in 1980 as an alternative to the post office. [4] In February 2003, UPS rebranded more than 3,000 Mail Boxes Etc. locations as The UPS Store. [5] Each location is independently owned. [6]
An owner-operator is a small business or microbusiness owner who also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains , health care , logistics , maintenance, repair, and operations .