Posted September 21 , 2021
UPS 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’ traditional network.
“Roadie’s leading technology, combined with UPS’ portfolio, will open doors for new growth opportunities,” UPS said in a statement Sept. 10. “Roadie’s technology platform also will provide opportunities to improve existing, and potentially add additional, UPS small-package capabilities.”
The purchase is part of Carol Tomé’s strategy as UPS chief executive officer to accelerate service as the industry moves toward same-day delivery. Tomé is also concentrating on UPS’ core package operations, having sold the company’s freight trucking business earlier this year.
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