UPS Media Statement: UPS enters into agreement to acquire Roadie
September 10 2021 - 9:00AM
As part of its customer-first strategy, UPS entered into an
agreement today to acquire Roadie, a technology platform that
enables local same-day delivery with operations throughout the U.S.
UPS customers, including large enterprises, are increasingly
looking for local same-day delivery solutions for goods of all
types, not traditional packages. Roadie often provides service for
shipments not compatible with the UPS network because of their size
and perishable nature, and often because they are in shopping bags
without the packaging required to move through the UPS system.
Roadie’s leading technology, combined with UPS’s portfolio, will
open doors for new growth opportunities. Roadie’s technology
platform also will provide opportunities to improve existing, and
potentially add additional, UPS small package capabilities. The
Roadie technology platform is purpose-built to connect merchants
and consumers with contract drivers to enable efficient and
scalable same-day local delivery services nationwide.
Following the completion of the acquisition, Roadie will operate
with the same name, providing the same great service to its
customers. UPS package car drivers will continue to deliver
packages within the UPS network. Goods transported by Roadie will
not cross into the UPS network and packages transported in the UPS
network will not cross into the Roadie network.
The companies are not disclosing the value of the transaction.
The transaction is expected to close in the fourth quarter of
2021.
UPS Media Relations
pr@ups.com
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