tiprankstipranks
RXO, Inc. Expands Reach with Coyote Logistics Acquisition
Company Announcements

RXO, Inc. Expands Reach with Coyote Logistics Acquisition

Don't Miss our Black Friday Offers:

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.

Related Articles
TheFlyRoku, Robinhood upgraded: Wall Street’s top analyst calls
TheFlyRXO Inc. reinstated with a Neutral at Goldman Sachs
TheFlyRXO Inc. price target lowered to $12 from $16 at Susquehanna
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App