Close the sale of UPS Freight to TFI International Inc
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 25 Jan 2021
- Due
- 30 Jun 2021
- Delivered
- by 30 Apr 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close during the second quarter of 2021.”
What we found
Evidence strength A What the grades mean
UPS completed the divestiture of its UPS Freight business to TFI International during the second quarter of 2021, as confirmed by financial statements referencing gains on sale recorded by June 30, 2021.
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A United Parcel Service Inc. 10-Q filed 2021-08-06
“The impacts of the plan remeasurements and plan amendments on the statements of consolidated income are included in the gains on sale recorded for the quarter and year-to-date periods ended June 30, 2021.” ✓ confirmed on the page
Market reaction: the shares moved -0.1% against the S&P 500 over the three sessions around the disclosure (5 Aug 2021 to 10 Aug 2021). What this measures
Checked 2 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Sale of UPS Freight to TFI International Inc.
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: customary closing conditions; regulatory approvals
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-UPS-004015 · Corrections policy