You are here

UPS to buy Coyote Logistics for US$1.8b from Warburg Pincus

[ATLANTA] United Parcel Service Inc said it would buy Coyote Logistics from private equity firm Warburg Pincus for US$1.8 billion to expand its full-truckload services.

The world's largest courier company said on Friday the deal is expected to add to its earnings in 2016.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom