UPS announces sale of Coyote Logistics unit to RXO for $1 billion

(Fixes dollar symbol in sale price)

(Reuters) – United Parcel Service, the world’ biggest parcel delivery firm, on Sunday said it would sell its Coyote Logistics business unit to RXO for $1.025 billion.

(Reporting by Devika Nair in Bengaluru; Editing by Bill Berkrot)