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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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RXO (NYSE:RXO) stock gained about 14% in Monday’s pre-market trading session. The upside came after the company agreed to acquire the freight-brokerage arm, Coyote Logistics, of United Parcel 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. Coyote Logistics veteran Matt Silver raised $12 million ...

A Charlotte-based transportation company is expanding with a $1 billion acquisition that will make it the third-largest firm in North America operating as a brokered transportation company, meaning it ...