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 ...

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 ...

Companies hitting the auction block this quarter have increased. PE Hub reporters are actively reaching out to sources on PE-backed companies – and companies owned by strategics likely to attract ...

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 ...

Coyote Logistics has revealed the winners of its 2021 Carrier of the Year awards, which recognizes carriers in Coyote’s network that have exhibited exceptional service and a strong commitment to ...

CHICAGO, July 15, 2020 (GLOBE NEWSWIRE) -- Today, Coyote Logistics, a leading global third-party logistics (3PL) provider, expanded its Dynamic Route Optimization program that aims to streamline ...

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 ...

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 per ...

Add Yahoo as a preferred source to see more of our stories on Google. Freight brokerage and third-party logistics (3PL) firm Coyote Logistics is thinning the herd at its business, giving “a relatively ...

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 ...

(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 ...