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RXO, Inc. ( (RXO) ) just unveiled an announcement.
RXO has finalized its acquisition of Coyote Logistics for $1.025 billion, positioning itself as the third-largest brokered transportation provider in North America. The deal aims to enhance RXO’s offerings by increasing network density for customers and expanding freight access for carriers, amidst efforts to integrate Coyote’s resources and technology. This strategic move is expected to amplify RXO’s service quality and innovation in the transportation sector.
See more insights into RXO stock on TipRanks’ Stock Analysis page.
