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UPS announces sale of Coyote Logistics unit to RXO for $1 billion

By Reuters   |   Jun 23, 2024 at 02:15 PM EST
UPS announces sale of Coyote Logistics unit to RXO for $1 billion

(Fixes dollar symbol in sale price)

(Reuters) - United Parcel Service, the world' biggest parcel delivery firm, on Sunday said it would sell its Coyote Logistics business unit to RXO for $1.025 billion.

(Reporting by Devika Nair in Bengaluru; Editing by Bill Berkrot)

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