RXO Acquires Coyote Logistics Transforming North American Freight Brokerage
RXO's $1.025 billion acquisition of Coyote Logistics aims to expand its footprint in the North American freight brokerage market, positioning it as the third-largest provider. This move will significantly enhance RXO's capacity, customer base, and technological synergies. Simultaneously, UPS's sale of Coyote reflects a strategic shift, focusing on its core small package business. The transaction signals a reshaping of the market landscape and raises questions about future trends in the logistics industry. The deal highlights the ongoing consolidation and strategic realignments within the competitive freight brokerage sector.
