NewsUPS Mexico takeover overshadowed by poor Q2 results

July 24, 2024by 0

UPS is taking over its partner in Mexico, pointing to strong potential in nearshoring and cross-border flows. However, the news could not compensate for disappointing Q2 results, which sent UPS stock down sharply.
Estafeta, a privately owned logistics integrator offering parcel, logistics and supply chain solutions on a domestic network of 145 facilities and over 750,000 sq metres of infrastructure serving 95% of the nation’s population, also runs an air network …

The post UPS Mexico takeover overshadowed by poor Q2 results appeared first on The Loadstar.

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