C.H. Robinson agrees to buy RXO in $5.8 billion cash-and-stock deal

A post says the deal pitches AI as a way to make the brokerage more efficient amid a freight recession.

1 Source, 4h ago, first seen 4h ago

TLDR

A post says C.H. Robinson agreed to buy trucking brokerage RXO for $5.8 billion in cash and stock. It casts the AI-efficiency pitch as a bet on buying scale, adding software and hoping the spread widens during a freight recession.

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