financetom
Business
financetom
/
Business
/
RXO Completes Acquisition of Coyote Logistics for $1.03 Billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RXO Completes Acquisition of Coyote Logistics for $1.03 Billion
Sep 16, 2024 12:30 PM

07:40 AM EDT, 09/16/2024 (MT Newswires) -- RXO (RXO) said Monday that it completed its acquisition of Coyote Logistics from UPS for $1.03 billion, making it the third-largest brokered transportation provider in North America.

With this acquisition, the company said it now offers increased network density and additional power lanes for customers, including access to more customers with opportunities to decrease deadhead miles for carriers.

Price: 25.72, Change: +0.02, Percent Change: +0.08

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved