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UPS bolsters full-truckload business with $1.8 billion deal

2015-07-31 18:56:00| Logistics - Topix.net

Coyote Logistics connects customers to its network of more than 35,000 trucking operators in North America and caters to the food and beverage, consumer goods, paper and packaging, industrial as well as retail markets. ) have reported rapid revenue growth in the past few quarters as the demand for trucks jumped due to widespread bottlenecks on rail networks.

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UPS to buy Coyote Logistics for US$1.8 billion from Warburg Pincus

2015-07-31 17:17:50| Air Courier - Topix.net

REUTERS: United Parcel Service Inc , the world's largest courier company, said it would buy Coyote Logistics from private equity firm Warburg Pincus for US$1.8 billion to expand its full-truckload services. Coyote Logistics, which reported revenue of US$2.1 billion last year, connects customers with truck operators and has a network of more than 35,000 operators in North America, UPS said.

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Exxon Mobil posts 2Q profit of $4.19 billion, result misses forecasts

2015-07-31 15:44:15| Chemicals - Topix.net

The results fell short of Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

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'Internet Of Things' Connected Devices To Almost Triple To Over 38 Billion Units By 2020

2015-07-31 06:03:40| rfglobalnet Home Page

New data from Juniper Research has revealed that the number of IoT (Internet of Things) connected devices will number 38.5 billion in 2020, up from 13.4 billion in 2015: a rise of over 285%.

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'Internet Of Things' Connected Devices To Almost Triple To Over 38 Billion Units By 2020

2015-07-31 06:03:40| wirelessdesignonline News Articles

New data from Juniper Research has revealed that the number of IoT (Internet of Things) connected devices will number 38.5 billion in 2020, up from 13.4 billion in 2015: a rise of over 285%.

Tags: by internet things units

 

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