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.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to