RXO Inc. completes acquisition of Coyote Logistics from UPS for $1.025 billion
Acquiring Company
RXO
Acquired Company
Coyote Logistics
CharlotteChicagoTransportationSupply Chain ManagementLogisticsFleet ManagementSupply Chain ManagementDescription
RXO Inc. has successfully completed the acquisition of Coyote Logistics, a subsidiary of United Parcel Service, Inc., for $1.025 billion. This strategic acquisition is aimed at strengthening RXO's position in the market, expanding its customer base and carrier network, and diversifying its vertical structure.
Quick answer
RXO is acquiring Coyote Logistics for $1 billion, announced September 16, 2024. RXO is based in Charlotte, North Carolina, United States.
- How much did RXO pay for Coyote Logistics?
- The reported deal value is $1 billion.
- What does RXO do?
- RXO is a leading provider of asset-light transportation solutions offering tech-enabled truck brokerage services with complementary solutions including managed transportation, freight forwarding, and last mile delivery.
- Where are RXO and Coyote Logistics based?
- RXO is based in Charlotte, North Carolina, United States. Coyote Logistics is based in Chicago, Illinois, United States.
- Who are the decision-makers at RXO?
- Fundz holds 1 contact at RXO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Transportation and Supply Chain Management
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- DSV raises $5.5 billion for acquisition of Schenker to become world's biggest logistics company, $5.5B (October 4, 2024)
- CMA CGM acquires majority stake in Santos Brasil, Brazil's leading port infrastructure operator (September 24, 2024)
- UPS to acquire Frigo-Trans & BPL to enhance healthcare logistics capabilities (September 10, 2024)
- Radiant Logistics, Inc. acquires Foundation Logistics & Services, LLC to strengthen capabilities in support of the oil and gas industry (September 4, 2024)
- JAS Jet Air Service S.p.A. acquires Setoa S.p.A. to expand into West African markets (August 23, 2024)
- Freightos acquires Shipsta, expanding comprehensive digital freight procurement solution (August 19, 2024)
Who to call at RXO, and when
When RXO changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day RXO raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at RXO, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at RXO. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment RXO makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Coyote Logistics?
Coyote Logistics was acquired by RXO, based in Charlotte. The deal was reported on September 16, 2024. RXO is a leading provider of asset-light transportation solutions offering tech-enabled truck brokerage services with complementary solutions including managed transportation, freight forwarding, and last mile delivery. RXO is publicly traded (RXO) and operates in Transportation.
When did RXO acquire Coyote Logistics?
RXO's acquisition of Coyote Logistics was reported on September 16, 2024. RXO Inc. has successfully completed the acquisition of Coyote Logistics, a subsidiary of United Parcel Service, Inc., for $1.025 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Coyote Logistics do?
Coyote Logistics is an American logistics company that specializes in truck transportation, intermodal brokerage, and transportation management services for thousands of shippers in North America. In 2023, its revenue amounted to about $3.2 billion. It is privately held, operating in Supply Chain Management, and is based in Chicago.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.