Deals
UPS to Acquire Same-Day Delivery Startup Roadie to Speed Service
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United Parcel Service Inc. agreed to acquire Roadie, a same-day delivery startup, looking to speed service and expand into atypical parcels such as oversized packages and perishable goods.
The acquisition, for an undisclosed amount, comes after UPS began a pilot with Atlanta-based Roadie to test same-day deliveries. Roadie will operate under its name as a separate company, and packages won’t cross over between the startup and UPS’s traditional network.