UPS (NYSE: UPS) announced on Monday it has entered an agreement to acquire Mexican express delivery company Estafeta.
According to a news release from UPS, this acquisition is a key part of the company’s Better and Bolder strategy aimed at becoming the world’s premium international small package and logistics provider.
“Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican SMB and manufacturing sectors are looking for reliable access to the US market,” said UPS...
https://www.freightwaves.com/news/ups-announces-deal-to-acquire-mexican-delivery-company-estafeta