UPS Buys Chicago-based Coyote Logistics for $1.8 Billion
UPS announced Friday that it will acquire Chicago-based Coyote Logistics for $1.8 billion. The move gives UPS new service offerings in the freight brokerage business at a time when the company has been struggling to maintain its profitability and reduce its costs in package delivery. Coyote Logistics’ technology that allows customers to book and sell … Read more