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FREIGHTEX TO REBRAND AS COYOTE LOGISTICS, A UPS COMPANY

Mar 15th, 2018

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.

About Freightex

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). Visit www.freightex.com for more information.

About Coyote

Founded in 2006 and headquartered in Chicago, Coyote Logistics LLC, a UPS company, is a leading third-party logistics (3PL) service provider in North America. Coyote provides  truckloadless-than-truckload, intermodalair  and ocean brokerage services,  and  transportation management services  to more than 14,000 shippers of various sizes and industries. Coyote became a UPS company in August 2015, adding UPS asset utilizationair freight, ocean freight, customs brokerage, and much more to its portfolio of services. Coyote is a proud philanthropic supporter of St. Jude Children’s Research Hospital, for which has raised more than $1.7 million in six years.

Coyote has been widely recognized for its innovation, growth, and culture. In 2018, Coyote President Jonathan Sisler was recognized by Supply & Demand Chain Executive as a Pro to Know. In 2017, Coyote was named a Top Workplace by the Chicago Tribune for the seventh consecutive year and Forbes named Coyote to its list of America’s Best Midsize Employers. Additionally, Coyote CIO Darren Cockrel was named ITA CityLIGHTS Technologist of the Year, Selling Power ranked Coyote #23 on its list of 50 Best Companies to Sell For, Food Logistics  named Coyote a  Top 3PL and Cold Storage Provider, Inbound Logistics  named Coyote a  Top 100 3PL Provider and Coyote’s shipper-facing mobile application CoyoteHOWL was awarded  a Supply & Demand Chain Executive 100 awardBuilt in Chicago ranked Coyote #9 on its 2016 list of Top 100 Digital Companies in Chicago. Coyote has also been named to Inbound Logistics‘s 2016 Top 100 3PL Providers  list; Food Logistics‘ 2016 Top Green Providers  list for its  Private Fleet Service; and Transport Topics  named Coyote to its list of the Top Brokerage Firms.

Coyote CEO Jeff Silver was named to Crain’s Chicago Business  list of  ”Who’s Who in Chicago Business”  in 2017 and Supply and Demand Chain Executive named Jeff to its Pros to Know list for the fourth year. In September of 2016, Jeff was named ITA CityLights CEO of the Year and a 2016 Food Logistics Champion. In 2011 he was named Ernst & Young Entrepreneur of the Year–Midwest, and in 2014 Chief Executive named him CEO of the Year–Overall Excellence.

Jeff serves on the board for Northwestern University Transportation Center (NUTC) and the MIT School of Engineering Dean’s Advisory Council, and is a member of the Economic Club of Chicago. Chief People Officer and Co-founder Marianne Silver was named to Forbes’ list of 11 Women Who Started Amazing Companies.

For more information about Coyote, please visit www.coyote.com.

COYOTE CONTACT

Christina Russell

Marketing and Communications

T: 773.365.6564

E: christina.russell@coyote.com

FREIGHTEX TO REBRAND AS COYOTE LOGISTICS, A UPS COMPANY

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