News

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 ...
The buyer is RXO Brokerage. "As UPS positions itself ... followed by Total Quality Logistics. UPS acquired Coyote in July 2015 for $1.8 billion. At the time, the acquisition expanded UPS ...
Upon completion of the transaction, RXO will continue to provide UPS transportation services under a contract that runs until January 2030. Coyote Logistics was acquired by UPS in 2015 and is the ...
RXO’s estimate now is that it will gain $70 million in cash savings from the integration of Coyote. That is up from $50 ...
The company that bought the third-party logistics provider ... based company from UPS will make RXO the third-largest provider of brokered transportation in North America. Coyote and others ...
RXO (NYSE: RXO) today reported its first-quarter financial results and announced the successful migration of Coyote coverage operations to the RXO Connect ® platform.
RXO touted the integration of Coyote Logistics in its first-quarter earnings ... on year are not on an equal basis due to the Coyote acquisition, which closed in September. Revenue at RXO was ...
RXO reported a year-over-year jump in revenue ... This included the impact of the Coyote Logistics acquisition in both periods. Less-than-truckload volume increased 26%, but was offset by an ...
Adjusted diluted loss per share was $0.03. Volume in RXO’s Brokerage business, including the impact of the Coyote Logistics acquisition in both periods, declined by 1% year-over-year in the ...
Adjusted diluted loss per share was $0.03. Volume in RXO’s Brokerage business, including the impact of the Coyote Logistics acquisition in both periods, declined by 1% year-over-year in the ...