Innovel: US: Costco Pays $1bn For Delivery Firm

Costco has enhanced its e-commerce delivery capabilities by acquiring logistics company Innovel Solutions from Transform Holdco (TFCO), the operator of the Sears and Kmart stores, for $1bn in cash. Innovel Solutions is a provider of third-party end-to-end logistics solutions with (more...)The post US: Costco Pays $1bn For Delivery Firm appeared first on KamCity.