Coyote Logistics is a leading global third-party logistics provider that was founded in 2006. It leverages its network of 100,000 carriers to ship goods for 15,000 customers. Coyote became a UPS ...

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 ...

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 ...

Key Takeaways 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 ...

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. As ...

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.

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 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.

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.

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 ...

RXO to acquire Coyote Logistics from United Parcel Service for $1.025 billion in cash. The deal will be financed through equity and debt, and is expected to enhance RXO's market standing and profit.