Overview

• Estafeta said the planned sale to UPS was terminated and confirmed it will continue operating independently with service continuity.
• UPS told the U.S. Securities and Exchange Commission on August 17 that the transaction had been canceled.
• The acquisition was announced in mid-2024, framed as an evolution of a 2020 collaboration, and had been expected to close in the first half of 2025.
• Cofece cleared the deal in May 2025, while recent U.S. policy removing the de minimis exemption and cross-border mail disruptions complicated parcel flows.
• Industry estimates suggested the combination would have controlled about 42% of Mexico’s parcel market.