Freightex to Rebrand as Coyote Logistics, a UPS Company
Chicago, IL — March 15, 2018 — Freightex—a Europe-based asset-light provider of full truckload, LTL, refrigerated, and specialized road freight services—announced today the rebrand of the company to Coyote Logistics.
Freightex, founded in 2001 in Dover, U.K., was acquired by UPS in January 2017. The purchase came two years after UPS acquired Coyote Logistics in August 2015. The acquisition of Freightex helped establish both UPS and Coyote’s presence in the growing European third-party logistics (3PL) market.
Coyote Logistics, founded in 2006 and headquartered in Chicago, Illinois, has been expanding its services globally over the past year and a half. After opening an office in Guadalajara, Mexico last year, Coyote had been planning to further expand its international footprint and was able to do so through UPS’s acquisition of Freightex, which has offices in the U.K., Poland, and the Netherlands.
“As Coyote Logistics expands into Europe, we will do so as a single, unified brand,” says Coyote President Jonathan Sisler. “This will foster the continued growth of the strong culture, innovative technology, and commitment to service that helped us to succeed in North America. Every Coyote employee is a part of the same global team, motivated by the same values and vision.”
Moving forward, Freightex will operate under the name Coyote Logistics as the company continues to expand its services across Europe. With more than one-half million road freight carriers currently operating in Europe, there are significant opportunities to expand Coyote’s existing carrier base to create more value for its customers and carriers.
“Over the last 12 months we have been able to enhance our European service levels by leveraging many of Coyote’s well-developed processes, particularly with respect to technology and training,” says European President Tim Phillips. “The rebrand is a natural next step in our journey as we move forward with one clear brand and message of unity to our customers and carriers, many with whom we have global relationships.”
For more information, please visit www.coyote.com.
Freightex, founded in 2001 and headquartered in Dover, U.K., has a wide range of customers across Europe and is focused on high levels of service and efficient transport solutions for full truckload (FTL), less-than-truckload (LTL) and other road freight transport. Freightex specializes in European cross-border routes via a team of experienced freight professionals who provide customers with excellent prices and service levels. The Freightex carrier network, which includes a dedicated fleet, helps provide customers with a full range of vehicle types. Freightex embraces technology to optimize traffic flows and to ensure that it uses available truck capacity to maximum effect.
Freightex is a member of the British International Freight Association (Bifa) and the Chartered Institute of Logistics (CILT). Visit www.Freightex.com for more information.
Coyote Logistics is a leading global third-party logistics provider that combines a diverse, centralized transportation marketplace matching more than 10,000 shipments every day. Coyote offers a comprehensive multi-modal solutions portfolio – including truckload, less than truckload (LTL) and intermodal – with data intelligence and market insights to help empower our customers’ business growth in a rapidly changing world. We became a UPS company in 2015, adding UPS asset utilization, air & ocean freight forwarding, and more to our expanding portfolio of global services. Headquartered in Chicago, Coyote has more than 3,000 employees operating in 20 offices worldwide.
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