United Parcel Service is selling its freight-brokerage business to rival middleman RXO for $1.025 billion. The sale of Coyote Logistics announced Sunday falls far short of the $1.8 billion UPS ...

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 ...

RXO’s estimate now is that it will gain $70 million in cash savings from the integration of Coyote. That is up from $50 million that was estimated three months ago.

RXO Inc (RXO) showcases robust growth in last mile and LTL segments despite facing headwinds in the freight market.

Revenue comparisons year-on-year are not on an equal basis due to the Coyote acquisition, which closed in September. Revenue at RXO was $1.43 billion compared to $913 billion a year ago. But ...

Revenue reached $1.4 billion, with brokerage revenue comprising 72%. RXO’s stock showed volatility, declining initially but recovering slightly in premarket trading. The freight market remains ...

Wilkerson said, “In the first quarter, RXO grew less-than-truckload brokerage volume by 26% year-over-year and saw continued momentum within Last Mile, which achieved stop growth of 24% year ...

RXO, the brokerage spinoff of less-than-truckload ... Meanwhile, C.H. Robinson World­wide remains far and away the industry’s largest freight broker with gross revenue of $11.7 billion from ...

Truist analyst Lucas Servera lowered the firm’s price target on RXO Inc. (RXO) to $19 from $24 and keeps a Buy rating on the shares as part of ...

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Less-than-truckload brokerage volume increased by 26% year-over-year in the first quarter. Last Mile achieved 24% year-over-year stop growth, an acceleration from the fourth quarter of 2024.