RXO shares rise on news of Coyote deal; the combined company will be the third largest 3PL

RXO’s acquisition of Coyote Logistics announced on Sunday got a tumultuous reception on Wall Street on Monday, with the company’s stock price trading up double-digit percentages in a move that management said will make it the third-largest brokerage of goods in the country. . As of 11:15 a.m. EDT, RXO stock was up about 21.9% … Read more