UPS TO ACQUIRE THE MILES GROUP, LEADING BROKER ON SOUTHERN BORDER
United Parcel Provider stated it has reached settlement to buy the Miles Workforce Inc., mother or father corporate of Rudolph Miles & Sons, the huge customs dealer serving the U.S. southern border.
Atlanta-based UPS stated the deal shall be a money transaction, regardless that it will no longer touch upon phrases. The purchase is being achieved by means of UPS Complete Provider Brokerage, a UPS subsidiary that is looking for to increase the explicit provider large into full-service brokerage.
“This acquisition is being achieved at the foundation of a platform for expansion,” stated a spokesperson for UPS. “Miles is a dominant participant in an important hall, with well-established provider.”
Rudolph Miles & Sons, based in 1963, covers all the Mexican and U.S. border with 11 places of work, together with associate Miles and Joffroy Inc. in California, and William F. Joffroy Inc. in Arizona. Places of work are in San Diego and Calexico, Calif.; Nogales, Naco and Douglas, Ariz.; Albuquerque, N.M.; and El Paso, Eagle Cross, Laredo, McAllen, Brownsville, Texas.
The deal additionally comprises Miles Delivery/Distribution Inc., a logistics and warehouse supplier, and any other Miles associate, Herman Miles Trucking, which gives expedited less-than-truckload services and products.
Supply Through https://www.freightwaves.com/information/ups-to-acquire-the-miles-group-leading-broker-on-southern-border