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UPS to Acquire Coyote Logistics
2015-08-05 01:33:22| Trucking - Topix.net
United Parcel Service has acquired Coyote Logistics which is headquartered in Chicago from Warburg Pincus for $1.8 billion. UPS is a shipping and logistics company, used by businesses and consumers alike as a popular method of package delivery.
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UPS to buy Coyote Logistics for $1.8 billion
2015-08-02 14:31:12| Trucking - Topix.net
United Parcel Service Inc. will buy Coyote Logistics in a $1.8 billion bid to jump into the freight-brokerage business and improve holiday-season shipping performance. The deal could help generate additional revenue and savings of as much as $150 million, UPS said Friday, as the company expands into the business of linking customers with thousands of haulers able to do the work.
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UPS to buy Coyote Logistics for $1.8 billion
2015-08-02 14:24:59| Air Courier - Topix.net
United Parcel Service Inc. will buy Coyote Logistics in a $1.8 billion bid to jump into the freight-brokerage business and improve holiday-season shipping performance. The deal could help generate additional revenue and savings of as much as $150 million, UPS said Friday, as the company expands into the business of linking customers with thousands of haulers able to do the work.
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UPS buys Coyote for $1.8B to cure holiday blues
2015-07-31 22:28:57| Air Courier - Topix.net
United Parcel Service Inc. said it agreed to buy shipping-services provider Coyote Logistics LLC for $1.8 billion, which would expand its presence in the burgeoning freight-brokerage business and help it handle the volatility of its peak holiday season. UPS, which is acquiring Coyote from private-equity firm Warburg Pincus LLC, said Friday that it expects the addition to eventually boost profits by $100 million to $150 million and start adding to earnings in 2016.
UPS buys Coyote for $1.8B to cure holiday blues
2015-07-31 22:10:26| Trucking - Topix.net
United Parcel Service Inc. said it agreed to buy shipping-services provider Coyote Logistics LLC for $1.8 billion, which would expand its presence in the burgeoning freight-brokerage business and help it handle the volatility of its peak holiday season. UPS, which is acquiring Coyote from private-equity firm Warburg Pincus LLC, said Friday that it expects the addition to eventually boost profits by $100 million to $150 million and start adding to earnings in 2016.