UPS is reaching into the same-day market with the takeover of final mile provider Roadie for an undisclosed sum. The technology-based provider leverages some 200,000 verified gig drivers to deliver e-commerce.
The acquisition is expected to be completed in the fourth quarter of this year.
Taking over Roadie gives UPS capabilities to meet same-day delivery requirements, a concept that has been championed aggressively by Amazon.
“The acquisition of Roadie puts UPS in the …
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Source: The Loadstar