UPS has expanded its presence in the domestic brokerage market with its $1.8 billion acquisition of third party provider Coyote Logistics. UPS now offers U.S. truckload, less-than-truckload, and other brokerage services. The new combined customer base will benefit from a portfolio of seamless supply chain solutions, with Coyote being run as a subsidiary of UPS. UPS looks to save up to $150 million on the deal through improved equipment utilization.
How quickly will UPS see its revenue grow from this acquisition, and how quickly will customers see the benefit?
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