UPS rebrands Freightex as Coyote

UPS is to rebrand its Dover-based truck broking firm Freightex, which it acquired in January 2017, as Coyote Logistics. UPS acquired Chicago, US-based Coyote Logistics in August 2015 as part of its strategy to increase its presence in the European third-party logistics (3PL) market. Freightex also has offices in Poland and the Netherlands. Coyote’s European President Tim Phillips said the move would create a clear brand and message to customers ... [+]

UPS to buy UK haulage broker

UPS has bought UK and European road transport broker, Freightex for an undisclosed sum.  Freightex has eight locations in the UK and Europe and matches customers’ outgoing freight shipments with available trucking capacity in its network of carriers. The purchase follows UPS’s acquisition of North American trucking broker Coyote Logistics in ... [+]

Freightex goes to Poland

The Freightex network has opened its first Polish branch in Wroclaw. Close to the German and Czech borders and with access to motorways in all directions, it “is a great city for logistics with many established businesses such as LG and Amazon already here plus a lot of investment in ... [+]

Trucking rates go into reverse

The 20% rise in European road freight rates of the past two years has gone into reverse in the past few months, says a leading researcher. According to Transport Intelligence data, data from European freight service provider, Freightex, shows that road freight rates have fallen 7% in the past five ... [+]

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