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C.H. Robinson Announces Largest RXO Acquisition in History

FreightWaves ·

CHRW
CHRW C.H. Robinson Worldwide Inc
$135.05 -3.95%
View chart & analysis →
RXO RXO -0.38%
  1. 1C.H. Robinson is undertaking the largest truck freight brokerage merger and acquisition in history by acquiring RXO.
  2. 2CEO Dave Bozeman presented an expected $300 million in synergies for C.H. Robinson through this transaction.
  3. 3The market, which accounts for 25% to 30% of US truck freight brokerage outsourcing, remains in a mid-growth stage.

So what's the key point?

C.H. Robinson has decided to acquire RXO in a record-breaking freight brokerage merger. This deal is expected to generate an additional $300 million in benefits.

Source FreightWaves · View original ↗

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C.H. Robinson to Acquire RXO for $5.8 Billion Sourcing Journal · 20h agoC.H. Robinson Agrees to Acquire RXO for $5.8 Billion TIKR · 20h agoC.H. Robinson Announces Acquisition of RXO for $5.8 Billion The Motley Fool +1 · yesterday
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