🎣 RXO Acquires Coyote

Plus, a Texas-based trucking company abruptly shuts down, leaving 2000 jobless. The Southeast is heating up, and more.

🎣 RXO Acquires Coyote

Good Monday morning. Major M&A activity takes over headlines this morning: RXO to acquire Coyote Logistics from UPS in $1 billion deal. Meanwhile, an abrupt closure leaves around 2,000 logistics employees blindsided and jobless.

🤔 Question of the Day: With this $1.025 billion offer, UPS is taking an $___ million* loss on its Coyote Logistics investment. Find the answer in today's feature story.

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