C.H. Robinson to Buy Rival RXO for $5.8 Billion
Freight broker C.H. Robinson Worldwide is acquiring rival RXO in a stock-and-cash transaction valued at $5.8 billion. The deal is expected to expand C.H. Robinson's expedited and last-mile delivery services.
H. 8 billion. H. Robinson CEO Dave Bozeman told the WSJ Logistics Report's Paul Berger that the acquisition will expand the company’s expedited and last-mile delivery business.