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News and Information

UPS To Acquire Coyote Logistics

UPS to acquire technology-driven, non-asset based truckload freight brokerage, adding to portfolio with complementary revenue and operational synergies

Transaction Highlights

  • UPS announces agreement to acquire Coyote Logistics for $1.8 billion
  • Expands portfolio, adding large scale non-asset based full-truckload (FTL) and transportation management services
  • Provides growth opportunities for UPS from high growth truck freight market expansion, Coyote organic growth, customer cross-selling
  • Synergies for UPS backhaul utilization and purchased transportation
  • Leadership continuity: CEO Jeff Silver, an industry veteran, will continue to lead Coyote, as a UPS subsidiary
  • Coyote employees, expertise, systems and culture to be supported
  • Accretive to earnings in 2016
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