Executive Briefings

XPO Logistics Acquires UX Specialized Logistics

XPO Logistics Inc., a freight brokerage and transportation services provider, has acquired UX Specialized Logistics, a North American provider of last-mile logistics services for retail chains and e-commerce companies.

XPO Logistics Acquires UX Specialized Logistics

The purchase price was $59m. Founded in 1978, UX is a non-asset-based provider specializing in logistics for home delivery and installation of heavy goods, including e-commerce delivery, as well as same-day delivery services. It has approximately 700 employees and contracted capacity of more than 1,600 independent carriers and installers. XPO said it will integrate the acquisition into its XPO Last Mile division.

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The purchase price was $59m. Founded in 1978, UX is a non-asset-based provider specializing in logistics for home delivery and installation of heavy goods, including e-commerce delivery, as well as same-day delivery services. It has approximately 700 employees and contracted capacity of more than 1,600 independent carriers and installers. XPO said it will integrate the acquisition into its XPO Last Mile division.

Read Full Article

XPO Logistics Acquires UX Specialized Logistics