UndisclosedStrategic acquisitionTransportation & Logistics

C.H. Robinson agrees to acquire RXO in 3PL consolidation play

C.H. Robinson announced an agreement to acquire RXO, combining two of North America's larger third-party logistics providers. The company framed the deal as redefining the future of 3PL while unlocking shareholder value. Terms were not detailed in the announcement.

Why it matters: Freight brokerage has been grinding through a prolonged downturn, and scale consolidation is the industry's clearest lever.

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