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Share: Can TFI International Inc. succeed when UPS Inc. could not? Beginning July 1 or thereabouts, the rubber will hit the road. UPS (NYSE: UPS) decision to sell its troubled less-than-truckload (LTL) carrier, UPS Freight, to Montreal-based TFI International (NYSE: TFII) puts the LTL industry, for the most part, in Big Brown s rearview mirror. UPS will no longer spend millions of dollars a year to prop up a noncore business whose margins and operating ratio the ratio of expenses to revenues have become embarrassments to a company renowned for its operating efficiency. It will end dealings with 11,500 Teamster workers, an aggressive group who forced UPS to shut down the unit s operations in 2018 over a contract dispute, and whose costs made UPS Freight uncompetitive in a largely nonunion industry. The $800 million in TFI cash for the unit will provide UPS with significant capital to be used to pay down debt or re-invest into faster-growing segments of delivery. ....