UPS Acquires Freightex Ltd. To Accelerate Expansion Of U.K. And European Truckload Brokerage Business
“The U.K. and Europe are strategic 3PL freight brokerage growth markets for UPS and there is significant cross border opportunity,” said Alan Gershenhorn, UPS Chief Commercial Officer. “This acquisition provides UPS customers an immediate, knowledgeable and competitive U.K. and European presence. In turn, Freightex operations will provide UPS customers a turn-key U.K. and European solution where brokered freight movements provide the most competitive option. “We are excited to join the UPS organ
