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 market ...

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

The buyer is RXO Brokerage ... followed by Total Quality Logistics. UPS acquired Coyote in July 2015 for $1.8 billion. At the time, the acquisition expanded UPS’ portfolio by adding large ...

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 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. The deal, announced ...

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 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. "RXO To Acquire Coyote Logistics From UPS." AZEK Stock Soars as James Hardie Buys Outdoor Products Maker for $8.75B Watch These UPS Price Levels After Stock Hits 5-Year Low Watch These FedEx ...

A selling price of $1.025 billion is a far cry from the $1.8 billion UPS paid to acquire Coyote Logistics almost exactly nine years ago. Under the terms of the agreement, RXO will pay $1.025 ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Jun 23, 2024-- ...