Rxo to acquire coyote logistics from ups

Charlotte, n.c.--(business wire)---- $rxo #rxo--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 market position, diversify and expand its customer base, and broaden its carrier network. at closing, rxo will be the third-largest provider of brokered transportation in north america. “rxo's highly accretive acquisition of coyote will immediately increase the scale of o.
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