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 ...

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 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.

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 ...

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 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 ...

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 ...

Following a June announcement in which Atlanta-based global freight transportation and logistics services provider UPS said it had formally entered into an agreement to sell its Chicago-based ...

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 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.