Coyote Logistics, which employs about 65 people in Chattanooga, sold by UPS. July 15, 2024 at 9:00 p.m. by David Floyd ...

The acquisition of Coyote Logistics will expand RXO’s carrier network and add about 15,000 customers, bringing its total customers to nearly 20,000, according to RXO.

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.

United Parcel Service (UPS) has sold its Coyote Logistics business for $1.025 billion, resulting in a loss of $775,000 to UPS. The buyer is RXO Brokerage. “As UPS positions itself to become the ...

RXO to acquire Coyote Logistics from United Parcel Service for $1.025 billion in cash. The deal will be financed through equity and debt, and is expected to enhance RXO's market standing and profit.

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 ...

RXO shares soared in intraday trading Monday, a day after the package delivery firm agreed to buy UPS's freight brokerage unit, Coyote Logistics, for $1.025 billion.

United Parcel Service Inc. said Sunday it has agreed to sell its freight-brokerage business, Coyote Logistics, to RXO Inc. for $1.025 billion in cash.

Coyote Logistics is a leading third-party logistics provider and works with more than 100,000 network carriers and manages 10,000 loads per day. To stream WHAS11 on your phone, you need the WHAS11 ...

UPS Announces Sale of Coyote Logistics to RXO, Inc. Jun. 23, 2024 1:55 PM ET United Parcel Service, Inc. (UPS) When Complete, Transaction Helps Drive UPS’s “Better and Bolder” Strategy ...

UPS bought Coyote Logistics from private equity firm Warburg Pincus for $1.8 billion in 2015 to expand its full-truckload services. (Reporting by Devika Nair in Bengaluru; Editing by Bill Berkrot ...