RXO, Inc. (NYSE:RXO) shares are trading higher after the company inked a definitive agreement to acquire Coyote Logistics from United Parcel Service, Inc. (NYSE:UPS) for $1.025 billion in cash. As ...

RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion fro. RXO To Acquire Coyote Logistics From UPS.

3PL RXO has had its outlook dropped to negative by S&P, but its debt rating was held steady. The post RXO outlook cut to negative but important debt rating not reduced appeared first on FreightWaves.

RXO Inc (NYSE:RXO) is set to release its Q4 2024 earnings on Feb 5, 2025. The consensus estimate for Q4 2024 revenue is $1.66 billion, and the earnings are expected to come in at -$0.04 per share.

RXO has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. At closing, RXO will be the third-largest provider ...

RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. This acquisition will enhance RXO’s ...

Currently trading at $21.46, RXO sits between its 52-week range of $18.75 to $32.82. According to InvestingPro analysis, the stock appears fairly valued based on its proprietary Fair Value model ...

RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.

RXO posted a net loss of $1 million in the third quarter. Total revenue decreased by 14.2% compared with a year ago to $976 million, which slightly edged out Wall Street expectations of $974.73 ...

Summary. RXO Inc., the fourth largest broker of full truckload freight transportation in the US, has a positive outlook for 2023 due to strong customer relationships and technological advantages.

RXO, which was hived off XPO Logistics just last month, is facing an industry slowdown. CFO Jamie Harris, however, says the company can benefit both from retailers trimming inventories as well as ...

RXO to acquire Coyote Logistics from United Parcel Service for $1.025 billion in cash. The deal will be financed through equity and debt, and is expected to enhance RXO's market standing and profit.