UPS acquires Mexican express delivery company Estafeta for global supply chain expansion.

UPS Inc. has agreed to acquire Mexican express delivery company Estafeta, aiming to leverage the Mexican manufacturing boom, global supply chain shifts, and North American trade growth. The combined businesses will provide integrated small package, healthcare logistics, and end-to-end supply chain solutions. UPS CEO Carol Tomé believes the acquisition helps capitalize on Mexico's growing role in global trade and nearshoring trends.

July 22, 2024
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