24.06.2024 04:11:29 - dpa-AFX: UPS To Sell Coyote Logistics Business Unit To RXO For $1.025 Bln

SANDY SPRINGS (dpa-AFX) - United Parcel Service Inc. (UPS) said that it
agreed to sell its Coyote Logistics business unit to RXO Inc., for $1.025
billion.

UPS stated that the decision to sell its Coyote Logistics business enables it to
enhance its focus on its core operations.

Based in Chicago, Coyote Logistics is a global third-party logistics (3PL)
provider, working with 100,000 network carriers and managing 10,000 loads per
day.

The transaction is expected to close by the end of the year.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
UNITED PARCEL SE.B DL-01 929198 Frankfurt 121,940 05.11.24 08:20:01 -1,060 -0,86% 121,320 121,820 121,940 123,000

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH