UPS Buys Global Shipping Firm i-parcel

UPS has bought i-parcel LLC, which helps e-retailers send products to overseas consumers. UPS did not say how much it paid for the company.

“The acquisition complements UPS' international cross-border logistics capabilities from the U.S. and U.K., to over 100 countries,” UPS said. “As e-commerce merchants in the U.S., U.K. and other countries grow, UPS continues to strengthen its logistics and technology capabilities to meet the demands of its global customer base.”