Deal Snapshot
AXLEHIRE EXPANDS LAST MILE DELIVERY TO NEW YORK WITH ACQUISITION OF COVET SHIPPING
Wednesday 09 October 2019

California, US-based logistics and technology company AxleHire has acquired New York, US-based shipping company Covet Shipping to expand into New York, the company said.
AxleHire said the acquisition of Covet Shipping comes when it is expanding its same day and next day delivery services to the New York area. The acquisition of Covet Shipping will expand AxleHire's service offerings to Covet Shipping's customers in two key markets already served by AxleHire Los Angeles and San Francisco.


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Details
Date Published: 09/10/2019
Target: Covet Shipping
Country: USA
Sector: Water Transport
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: AxleHire
Comment:
Terms of the deal were not disclosed

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