C.H. Robinson buys RXO for $5.8B in largest brokerage merger ever
Combined company targets $300M in cost cuts within two years. Deal merges No. 1 and No. 3 truck brokers, may trigger wave of mid-size consolidation.
#3pl
10 posts tagged with this topic.
Descartes Buys Extensiv in Second Deal This Month
The logistics software company adds warehouse and inventory management tools, targeting 3PL and e-commerce fulfillment customers.
CMA CGM Buys FedEx Supply Chain for $1.4B, Triples Warehouse Footprint
French ocean carrier acquires FedEx's contract logistics arm, adding 80 warehouses and 10,000 workers to its North American 3PL subsidiary Ceva.
Echo Adds Intra-Mexico Trucking to Cross-Border Portfolio
Chicago 3PL now offers city-to-city freight, port drayage, and managed transport across Mexico, betting on nearshoring demand.
Project44 Autopilot cuts freight coordination labor 70%, no coding required
New AI platform automates load tracking, carrier sourcing, and disruption response for brokers and 3PLs without engineering teams or custom prompts.
RXO Posts Q1 Turnaround as Carrier Exits Tighten Spot Market
The 3PL reported improved margins as capacity leaves the market, but demand remains flat: a supply-driven recovery that changes how fleets price spot loads.
RXO Posts $6M Q1 EBITDA, Forecasts Up to $37M in Q2 as Rates Recover
The 3PL's gross margin fell 180 basis points as spot rates climbed against lower contract numbers, but the company expects sequential truckload profit-per-load…
Amazon Opens Freight Network to Outside Shippers, Intermodal Impact
Amazon Supply Chain Services now handles third-party freight, distribution, and parcel shipping for manufacturers and retailers, potentially shifting domestic…
Amazon Opens Third-Party Logistics Network to Outside Fleets
E-commerce giant's fulfillment infrastructure now available to businesses beyond its own retail operations: no equipment or maintenance angle for carriers.
C.H. Robinson Beats EPS Forecast Despite Broker Margin Squeeze
The 3PL posted $1.35 non-GAAP EPS in Q1 2026, beating consensus by 12 cents, while cutting another 333 jobs from its North American brokerage division.