RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion fro ...

RXO has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. At closing, RXO will be the third-largest provider ...

RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. This acquisition will enhance RXO’s ...

UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.

RXO shares soared in intraday trading Monday, a day after the package delivery firm agreed to buy UPS's freight brokerage unit, Coyote Logistics, for $1.025 billion. RXO said the acquisition would ...

RXO (NYSE:RXO) soared in early trading on Monday after the company snapped up the Coyote Logistics business from United Parcel Service (UPS) for $1.03 billion. The acquisition is expected to be ...

RXO will become third largest N.A. freight brokerage firm at the end of 2024 following its acquisition of Coyote Logistics.

The combination of Coyote Logistics and RXO's existing capabilities creates the third-largest provider of brokered transportation in North America.

RXO to acquire Coyote Logistics from UPS for $1.025 billion in cash, boosting its market position and network. The deal, financed through equity and debt, is expected to significantly enhance RXO ...

RXO intends to use the net proceeds from the offering to finance a portion of the pending acquisition of Coyote Logistics, UPS’s technology-driven, asset-light freight brokerage business.