UPS (UPS) to Acquire Estafeta

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UPS to Acquire Estafeta, Providing Powerful Global Logistics Solutions and Trade Opportunities for Customers in Mexico and Beyond

July 22, 2024 4:10 PM EDT

Deal Helps Businesses of All Sizes Take Advantage of Mexico Manufacturing Boom, Global Supply Chain Shifts, and North American Trade Growth

ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) today announced that it has entered into an agreement to acquire Estafeta, a leading Mexican express delivery company. This acquisition is a key part of UPS'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... More