🎣 Southern Snowstorm Freezes Freight
Plus: updates on Trump’s trade policies, Panama Canal plans, energy initiatives, a major warehousing giant exceeds Q4 expectations, declining Asia-US shipping rates, and more.
UPS acquired Coyote Logistics in 2015 for $1.8 billion, marking it as the most expensive acquisition in UPS history at the time.
Good Monday morning. Today, we're covering UPS post-earnings report maneuvers: From 12K in job cuts to possibly selling its Coyote brokerage unit. Plus, explore truck volume trends, beefed-up cargo thefts in Philly, and the sustained strength of U.S. cross-border freight. The world's most famous double broker is also back.
🤔 Question of the Day: What is the best freight city in the US? Scroll to the main story in Around the Freight Web to cast your vote.
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