UPS acquires 'world's largest' trade-management services provider

UPS has added a global brokerage firm that the company says bolsters its portfolio of trade management services.The Atlanta-based logistics giant said Monday it acquired Sandler & Travis Trade Advisory Services on Nov. 30. United Parcel Services Inc. (NYSE: UPS) described its new acquisition in a press release as "the world's largest independent provider of global trade management services." Financial details of the deal were not released.Sandler & Travis has 750 trade professionals who