NewsUPS finally manages to sell freight brokerage arm Coyote Logistics

June 24, 2024by 0

UPS has finally managed to offload Coyote Logistics, the burdensome freight brokerage it acquired in 2015, for $1.8bn.
It has agreed to sell the Chicago-based 3PL provider, which works with 100,000 network carriers, managing 10,000 loads a day, to RXO, as it aims to refocus on core business.
Carol Tomé, UPS CEO, said: “As UPS positions itself to become the premium small package provider and logistics partner in the world, the decision …

The post UPS finally manages to sell freight brokerage arm Coyote Logistics appeared first on The Loadstar.

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Company

Reinventing Supply Chain. One Control Tower at a Time.
https://mtmlogix.com/wp-content/uploads/2021/02/logo-1.png

Talk to Us

+52 55 9454 4097
+502 2315 4251
+1 33 2275 7104

talktous@mtmlogix.com

MTM Logix, 2022 © All Rights Reserved

Generated by Feedzy