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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 ...
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 management tried to accentuate the positive even in a quarter that was unprofitable for the 3PL. The post RXO finds ...
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 ...
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 ...
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 ...
RXO, the brokerage spinoff of less-than-truckload carrier XPO, ­completed its purchase of Coyote Logistics from UPS in September ... of added revenue from its acquisition of Coyote, which ranked ...
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.
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 ...