C.H. Robinson to acquire RXO for $6 billion in freight brokerage merger
The deal creates a $25 billion enterprise and is expected to close in the first half of 2027. Spot rates rose 3 cents last week while diesel fell 18 cents to…
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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.
Spot Rates Run 40% to 70% Above Contract on Infrequent Lanes
RXO exec says contract awards on low-frequency routes carry almost no chance of being honored when capacity is tight. Shippers who proactively raised rates…
RXO Spot Index Up 16.5% in Q1, Q2 Surge Expected
Broker's truckload spot rate index hit a four-year high in Q1 as capacity attrition from regulatory enforcement pushed rates higher despite tepid freight…
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…