Coyote Acquisition Helps UPS with Backhaul, Peak Season Demand
The ability to buy its way into the full truckload (FTL) brokerage sector and provide backhaul services are what led UPS to its $1.8B Coyote acquisition.
The ability to buy its way into the full truckload (FTL) brokerage sector and provide backhaul services are what led UPS to its $1.8B Coyote acquisition.
A listing of recently announced B2B and B2C distribution center and fulfillment center expansions, additions and closures.
UPS will acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company, for $1.8 billion from Warburg Pincus.
The EU is investigating whether FedEx’ proposed acquisition of TNT Express would be an anti-competitive deal in the European parcel delivery market.
eBay has pulled the plug on its eBay Now same-day delivery pilot programs, but is still exploring solutions that fit better with its 25 million sellers. Here’s a look at this weeks’ news, commentary and events that shaped the direct-to-customer world… and more.
UPS’s Q2 earnings beat analyst estimates, even as revenue was slightly below expectations. Its B2B business gained from ecommerce, omnichannel and returns.
UPS is expanding its Access Point pickup program to 100 U.S. cities by the end of 2015, with 8,000 locations here and 22,000 in 10 countries worldwide.
UPS and Staples are teaming up to make it easier to ship UPS packages from any Staples location. See what this will mean for small businesses.
Bala Ganesh, Director of Retail Marketing at UPS, talks candidly about what retailers are getting out of omnichannel – increased revenue, reduced costs and increased return on assets. Watch and listen to Ganesh here…
UPS Capital has acquired the Insured Parcel Services (IPS) of G4S International Logistics, pushing further into the luxury goods market.