UPS to acquire Roadie
UPS has entered into an agreement to acquire Roadie, the same-day delivery startup powered by the gig economy. Roadie, which raised $62 million with backing from UPS, has 200,000 verified drivers who deliver to more than 20,000 ZIP codes across 50 states, according to its website.
“UPS customers, including large enterprises, are increasingly looking for local same-day delivery solutions for goods of all types, not traditional packages. Roadie often provides service for shipments not compatible with the UPS network because of their size and perishable nature, and often because they are in shopping bags without the packaging required to move through the UPS system.” – A UPS statement.
Following the completion of the acquisition, Roadie will operate with the same name. UPS package car drivers will continue to deliver packages within the UPS network. Goods transported by Roadie will not cross into the UPS network and packages transported in the UPS network will not cross into the Roadie network.