Today, we are sharing an important business update. RXO, Inc. has entered into an agreement to purchase Coyote Logistics from UPS, ushering in an important new chapter for our organization, our people and our customers. We are proud of all that we accomplished as a UPS company, and how we’ve continued to grow and evolve during this time. Now, we look ahead toward an exciting future. Our CEO Sandeep Pisipati had the following to say: “This new chapter with RXO will be an exciting one for both our people and our customers. With our shared solutions, expertise and capabilities, we will be a stronger provider that can solve an even wider variety of customer needs.” While this is big news, it’s business as usual with no interruptions to service or team structures. We are better positioned than ever to grow with our customers by investing in what truly matters: our people, our technology and our service. Click the link to learn more. https://lnkd.in/g9rDr9gw
How do you create a billion dollar business? Start with a 2 billion dollar business.
Great news! We work with both at our Tyson facility and they do great communicating, updating, arriving on time and delivering on time can’t wait to see what comes for the acquisition!
Let me know when Denver office needs IT again!
Great news guys. Looking forward to continue serving your x-border projects.
This very unfortunate.
Wow.... tCoyote Logistics and RXO, Inc. Congratulations!!
Moving forward!
Keep growing!
Worldwide account manager at FedEx
1wI’m trying to understand how UPS buys your company in 2015 for $1.8 billion and sell it right now for just a little bit over $1 billion. It’s similar to what they did with their freight division.