TechBloomberg Tech1h ago
C.H. Robinson CEO Dave Bozeman on RXO $5.8B Acquisition
TL;DRC.H. Robinson buying RXO's trucking brokerage for $5.8 billion.
Why it matters: Creates logistics giant with broader freight capabilities, reshaping competitive dynamics in freight brokerage.
C.H. Robinson is set to acquire RXO’s trucking brokerage business in a deal valued at about $5.8 billion. CEO and President Dave Bozeman said the combination would bring together C.H. Robinson’s global multimodal, freight brokerage and forwarding operations with RXO’s North…
Read full articleSource: Bloomberg Tech · Opens in new tab