C.H. Robinson acquires RXO in $5.8B freight logistics deal
· Source: fleetowner.com
In short
C.H. Robinson announced on October 5 that it will acquire rival freight brokerage RXO in a cash-and-stock transaction valued at $5.8 billion, creating a combined enterprise with more than $25 billion in pro forma gross revenue. The deal unites two of North America's largest asset-light brokerages, serving roughly 93,000 shippers and 600,000 contract carriers, and is expected to close in the first half of 2027. C.H. Robinson plans to deploy its "Lean AI" operating model and Navisphere platform across RXO's freight volume, targeting $300 million in net annual run-rate cost reductions within two years of closing while improving carrier lane matching and network visibility.
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Tags: 3PL, freight, brokerage, automation, consolidation, carriers