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 ...

CHARLOTTE, N.C.--(BUSINESS WIRE)-- RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. This ...

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 ...

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 ...

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 ...

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 ...

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 ...

The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...

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.