Rxo completes acquisition of coyote logistics

Charlotte, n.c.--(business wire)---- $rxo #rxo--rxo (nyse: rxo), a leading provider of asset-light transportation solutions, today announced it has completed its acquisition of coyote logistics from ups for a purchase price of $1.025 billion. the company is now the third-largest provider of brokered transportation in north america. this acquisition enhances rxo's market position, diversifies and expands its customer base and broadens its carrier network. for customers, rxo now offers increased network densit.
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