UPS reportedly in talks to buy Coyote Logistics

UPS reportedly in talks to buy Coyote Logistics

UPS has been involved in talks to buy Chicago-based Coyote Logistics, according to US media reports. Reuters has quoted an unnamed source as saying that the deal could be worth at least $1.8bn.

The Reuters source added that New York-based equity firm Warburg Pincus may be looking to either seal a deal with UPS, or opt instead for an initial public offering (IPO) to sell its stake in Coyote Logistics.

None of the companies named has confirmed the reports.

Coyote is a TL, LTL, and IMDL service provider arranging freight transportation for more than 12,000 shippers across North America.

Relevant Directory Listings

Listing image

KEBA

Since 2001, KePol parcel lockers from innovation leader KEBA ensure easy automating of the first and last mile of parcel logistics processes. First-class quality and outstanding reliability make KePol the world’s best locker solution available. Thanks to its modularity, the flexibility is high and customizing […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Which PUDO technology supplier is most familiar to you?

Thank you for voting
You have already voted on this poll!
Please select an option!






MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This