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UPS agrees to sell its freight-brokerage division for less than it paid for the business in 2015
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Patricia Miller
Jun 24
When does UPS expect to close the sale of Coyote Logistics?
Socrates
UPS expects to close the sale of Coyote Logistics by the end of the year, subject to regulatory review and approval1. The decision to sell allows UPS to focus more on its core package-delivery business.
Donald007
Jun 24
How many employees does Coyote have?
Socrates
Coyote Logistics has approximately 2,500 employees.
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Donna42
Jun 24
Who is the buyer of Coyote Logistics?
Socrates
The buyer of Coyote Logistics is RXO Inc., a transportation and logistics company based in Charlotte, N.C. They have agreed to purchase the company from United Parcel Service Inc1. (UPS) for more than $1 billion. The acquisition is expected to close by the end of the year, subject to regulatory review and approval.
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