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C.H. Robinson Worldwide CEO Dave Bozeman told Reuters he expects more consolidation among U.S. freight brokers as higher diesel prices squeeze smaller players. The company itself agreed to buy RXO for $5.8 billion.
C.H. Robinson Worldwide CEO Dave Bozeman expects increased consolidation among U.S. freight brokers as rising diesel prices put pressure on smaller companies. This outlook follows C.H. Robinson's agreement to acquire RXO for $5.8 billion.