Blog Coverage: United Parcel Services Acquires Nightline; Set to Enhance Ireland Position

Upcoming AWS Coverage on C.H. Robinson Worldwide Post-Earnings Results

LONDON, UK / ACCESSWIRE / May 4, 2017 / Active Wall St. blog coverage looks at the headline from United Parcel Service, Inc. (NYSE: UPS) as the Company announced on May 3, 2017, that it has entered into a definitive purchase agreement to acquire Nightline Logistics Group, a privately held Company and one of the leading express delivery and logistics Companies in Ireland. The terms of the acquisition were not disclosed and the deal is subject to customary closing conditions, including regulatory approval. Register with us now for your free membership and blog access at:

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One of United Parcel Service's competitors within the Air Delivery & Freight Services space, C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), reported on April 25, 2017, its financial results for the quarter ended March 31, 2017. AWS will be initiating a research report on C.H. Robinson Worldwide in the coming days.

Today, AWS is promoting its blog coverage on UPS; touching on CHRW. Get all of our free blog coverage and more by clicking on the link below:

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Breaking down the Agreement

The acquisition of Nightline will immediately position UPS as one of the top local shippers in Ireland. UPS has been operating in Ireland for almost 30 years and this integration will help customers have a wider range of both domestic and cross-border logistics services. Nightline is set to complement UPS's existing services and increase delivery density, while also bringing new innovative service options to its portfolio.

Nightline is a leading developer and deployer of innovative consumer-based services, in addition to B2B services. Over the past 25 years, Nightline has managed to grow into Ireland's leading privately-owned parcel delivery, freight, and logistics Company. Nightline expects multiple benefits from this acquisition, including the feasibility to serve customers better across Ireland, Northern Ireland, and Great Britain, through a wider reach. The acquisition will enable Nightlife customers to enjoy a direct connectivity to global export markets and will set an important milestone in Company's growth.

The Complementary Portfolios

UPS currently offers both small package and supply chain services to clients in Ireland. The Company has a complete suite of ground, air, and ocean freight solutions to enable gateway functions at both Dublin and Shannon airports. On the other hand, Nightline's Parcel Motel service offers a ‘virtual address' that allows customers to manage their online shopping deliveries easily. The service is complementary to UPS Access Point Lockers service and creates the potential for multiple network synergies.

The Ireland Market

With this acquisition, UPS expects to significantly enhance its presence in Ireland, while adding more ground sorting capacity and vehicle throughout the nation. The nation has been a strong, global trade player, exporting and importing with some of the largest economies in the world. The addition of Nightline will enhance the Company's growth portfolio in Europe and offer it feasibility to serve customers better. This acquisition of Nightlife is viewed as a step under the announcement where UPS announced in 2014 that it would invest $2 billion in its European infrastructure by 2020.

UPS Growth Portfolios

UPS currently operates across more than 220 countries and is headquartered in Atlanta. Recently, on May 02, 2017, the Company announced that it will deploy a prototype extended range Fuel Cell Electric Vehicle in its Rolling Laboratory fleet of alternative fuel and advanced technology vehicles. UPS is also working with the US Department of Energy and other partners to design zero tailpipe emissions.

Prior to the announcement, the Company expanded its global dangerous goods shipping program on April 12, 2017, by adding more than 400 new commodities that can be accepted in its global air network and more than 300 products across its ground network in Europe.

Stock Performance

United Parcel Service's share price finished yesterday's trading session at $107.35, rising slightly by 0.40%. A total volume of 1.91 million shares exchanged hands. The stock has advanced 1.09% and 5.91% in the last six months and past twelve months, respectively. The stock is trading at a PE ratio of 27.47 and has a dividend yield of 3.09%. At Wednesday's closing price, the stock's net capitalization stands at $94.51 billion.

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