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 ...

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

RXO will become third largest N.A. freight brokerage firm at the end of 2024 following its acquisition of Coyote Logistics. ... resulting in a loss of $775,000 to UPS. The buyer is RXO Brokerage.

UPS (CCJ Top 250, No. 2) said Sunday it has entered an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion.Based in Chicago, Coyote Logistics is a leading global ...

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, Inc. RXO shares are trading higher after the company inked a definitive agreement to acquire Coyote Logistics from United Parcel Service, Inc. UPS for $1.025 billion in cash.

Gajus. United Parcel Service (NYSE:UPS) announced on Sunday that it has entered into an agreement to sell its Coyote Logistics business unit to RXO (NYSE:RXO) for $1.025 billion.The transaction is ...

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.

United Parcel Service (UPS) has sold its Coyote Logistics business for $1.025 billion, resulting in a loss of $775,000 to UPS. The buyer is RXO Brokerage. “As UPS positions itself to become the ...

CHARLOTTE, N.C., June 23, 2024--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 ...