In this video Jack Holmes, President of UPS Freight, talks about why UPS acquired Coyote and the challenges facing the current carrier landscape. He discusses culture differences between UPS and Coyote and what motivated them to buy. He also touches on the current state of carrier profitability. His insights shed light into the overall state of the supply chain industry.
In the introduction, Mike Regan of TranzAct Technologies talks about the many mergers that have taken place in the logistics industry lately. UPS is one of many companies to recently acquire another major transportation company. The $1.8 billion acquisition of Chicago-based Coyote took place over the summer.
Watch this video to get crucial supply chain insights. You’ll learn what concerns a major company like UPS is facing and what approach they’re using. Whether you’re a shipper or carrier, there’s something to learn about supply chain management.
More insightful resources like this can be found at www.tranzact.com.