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 ...

RXO (NYSE:RXO) soared in early trading on Monday after the company snapped up the Coyote Logistics business from United Parcel Service (UPS) for $1.03 billion. The acquisition is expected to be ...

(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 ...

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 ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. RXO Inc. has agreed to buy United Parcel Service Inc.’s ...

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 ...

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 ...

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 ...

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.

Sandy Springs-based UPS, which is slashing costs as it seeks to boost its bottom line, is selling its Coyote Logistics freight brokerage unit for $1.025 billion, nine years after acquiring the ...

How is this peak season progressing compared to last year, and what are the expectations for shippers and carriers for the time between now and the end of the year? Also: 3PLs continue strong growth; ...