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The Latest UPS Headlines
UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion
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<blockquote data-quote="cheryl" data-source="post: 1748445" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/articles/2015-07-22/ups-said-to-be-in-talks-to-buy-coyote-logistics-for-1-8-billion" target="_blank"><strong>UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion - Bloomberg</strong></a></p><p></p><p>United Parcel Service Inc. is in talks to buy Coyote Logistics LLC for about $1.8 billion, two people with knowledge of the matter said.</p><p></p><p>A deal between Coyote and UPS would be the third-largest logistics deal this year, as the industry goes through a wave of consolidation amid rising consumer demand. In April, FedEx Corp. agreed to buy Dutch parcel-delivery company TNT Express NV for $4.8 billion. Later that month, XPO Logistics Inc. agreed to acquire European counterpart Norbert Dentressangle SA in a deal valued at $3.53 billion including debt.</p></blockquote><p></p>
[QUOTE="cheryl, post: 1748445, member: 1"] [URL='http://www.bloomberg.com/news/articles/2015-07-22/ups-said-to-be-in-talks-to-buy-coyote-logistics-for-1-8-billion'][B]UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion - Bloomberg[/B][/URL] United Parcel Service Inc. is in talks to buy Coyote Logistics LLC for about $1.8 billion, two people with knowledge of the matter said. A deal between Coyote and UPS would be the third-largest logistics deal this year, as the industry goes through a wave of consolidation amid rising consumer demand. In April, FedEx Corp. agreed to buy Dutch parcel-delivery company TNT Express NV for $4.8 billion. Later that month, XPO Logistics Inc. agreed to acquire European counterpart Norbert Dentressangle SA in a deal valued at $3.53 billion including debt. [/QUOTE]
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UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion
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