UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23. RXO expects the transaction will ...

United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its ...

Coyote Logistics is a leading global third-party logistics provider that matches more than 10,000 shipments every day. Founded in 2006, Coyote was created with one goal in mind: offer a better service ...

(RTTNews) - United Parcel Service Inc. (UPS) said that it agreed to sell its Coyote Logistics business unit to RXO Inc., for $1.025 billion. UPS stated that the decision to sell its Coyote Logistics ...

United Parcel Service (NYSE:UPS) announced on Sunday that it has entered into an agreement to sell its Coyote Logistics business unit to RXO (NYSE:RXO) for $1.025 billion. The transaction is expected ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

Freight brokerage and third-party logistics (3PL) firm Coyote Logistics is thinning the herd at its business, giving “a relatively small” number of employees the option to leave the UPS-owned company.

LOUISVILLE, Ky. — Global shipping giant UPS has announced it will be selling Chicago-based Coyote Logistics for more than $1 billion. Coyote Logistics is a leading third-party logistics provider and ...

UPS said Tuesday it would make "some bold moves" to shore up revenues and stabilize its business after closing the books on a rough 2023, and one of those maneuvers is likely to be shedding its ...

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

36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...

[Stay on top of transportation news: Get TTNews in your inbox.] While continuing to endure a stubbornly slow freight market recovery, the largest third-party logistics providers in North America also ...