UPS Capital Acquires Parcel Pro
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/10/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
UPS Capital (UPS) Acquires Luxury Item and Collectibles-Focused Logistics Provider, Parcel Pro
June 15, 2015 12:02 PM UTCUPS Capital, a subsidiary of UPS (NYSE: UPS), announced the acquisition of Parcel Pro, the leading independent logistics provider to the jewelry, wristwatch and collectibles industries.
"The synergies between UPS Capital and Parcel Pro will greatly benefit customers shipping high-value products," said Ronald Chang, president of UPS Capital. "The acquisition enhances our supply chain risk mitigation capabilities, providing global logistics expertise and peace of mind to customers who need to ship their valuable goods. Many jewelry retailers have insurance policies that cover their inventory, but shipping losses are not always covered by... More
