RXO Completes Acquisition of Coyote Logistics from UPS
September 16, 2024
RXO (NYSE: RXO) has completed its acquisition of Coyote Logistics from UPS for a purchase price of $1.025 billion. The combined company is positioned as the third-largest provider of brokered transportation in North America, with expanded customer base, increased network density, and a broader carrier network.
- Buyers
- RXO
- Targets
- Coyote Logistics
- Sellers
- UPS
- Industry
- Transportation
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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