Updated Version 3-C.H. Robinson will spend $5.8 billion to expand its truck brokerage business.
路透社2026/10/05 14:02Updated stock trends and added background information in paragraphs 8 to 11. Reuters, October 5 - Freight forwarder C.H. Robinson Worldwide (CHRW.O) announced on Monday that it will acquire RXO (RXO.N) for $5.8 billion via a cash-and-stock transaction, aiming to strengthen its positioning in the North American truck brokerage sector. The merged logistics giant, with a combined market capitalization of $25 billion, will integrate the technology-driven truck brokerage business mainly into C.H. Robinson’s North American Surface Transportation division, which accounts for more than two-thirds of the company's revenue. RXO also provides transportation management and last-mile delivery services. Its shares surged 23% in early trading, while C.H. Robinson’s stock fell 10%. RXO shareholders will receive $17.25 in cash and 0.0856 shares of C.H. Robinson for each RXO share, valuing the company at $30.25 per share, a 29% premium over Friday’s closing price. This deal will expand C.H. Robinson’s last-mile delivery coverage in the U.S. and help it secure more major corporate clients, solidifying its position in the competitive truck brokerage market. C.H. Robinson CEO Dave Bozeman stated that the deal would allow the company "to build a larger and more resilient North American third-party logistics provider." After closing, the company expects to achieve $300 millions in net operational cost synergies within two years, and the deal is projected to boost adjusted earnings per share within nine months. Over the past year, as AI agents have taken over freight pricing, pickup and delivery coordination, and cargo tracking, C.H. Robinson has cut its workforce. Meanwhile, RXO reported annual losses in both 2024 and 2025, but surpassed market expectations for quarterly profit thanks to rising freight rates. In the context of a driver shortage caused by regulatory policies, U.S. trucking rates have rebounded, benefiting freight brokers and driving revenue growth. However, sharp fluctuations in diesel prices are squeezing margins, as fuel surcharges and spot rates often lag behind increased costs, leading to short-term cash flow pressures. The transaction is expected to be completed in the first half of 2027, after which RXO shareholders will hold 11% of the merged company. RXO shares have outperformed the broader S&P 500 benchmark over the past year https://tmsnrt.rs/3U8qpkf (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. Due to potential inaccuracies or lack of context in automated translations, Reuters does not guarantee their accuracy and provides them for convenience only. Reuters assumes no responsibility for any damage or loss that may arise from the use of automated translation features.)
Updated with stock performance and additional background information in paragraphs 8 to 11.
Reuters, October 5 - Freight forwarder C.H. Robinson Worldwide (CHRW.O) announced on Monday that it will acquire RXO (RXO.N) in a cash-and-stock transaction valued at $5.8 billion, aiming to strengthen its presence in the North American truck brokerage sector.
The combined logistics giant, with a total market capitalization of $25 billion, will primarily integrate the tech-driven truck brokerage business of RXO into C.H. Robinson's North American Surface Transportation segment, which accounts for more than two-thirds of the company’s revenue.
RXO, which also provides transportation management and last-mile delivery services, saw its shares jump 23% in early trading, while C.H. Robinson’s stock dropped 10%.
RXO shareholders will receive $17.25 in cash and 0.0856 shares of C.H. Robinson for each RXO share, valuing RXO at $30.25 per share, representing a 29% premium over Friday’s closing price.
This transaction will expand C.H. Robinson’s last-mile delivery coverage in the U.S., helping it win more large corporate clients and further consolidating its position in the highly competitive truck brokerage market.
C.H. Robinson CEO Dave Bozeman said the deal would allow the company “to build a larger and more resilient North American third-party logistics provider.”
Upon completion of the deal, the company expects to realize $300 million in net operating cost synergies within two years, and the transaction is projected to be accretive to adjusted earnings per share within nine months.
Over the past year, as AI agents have taken over tasks such as freight pricing, pickup and delivery coordination, and in-transit cargo monitoring, C.H. Robinson has reduced its workforce.
Meanwhile, RXO reported annual losses in both 2024 and 2025, but thanks to higher freight rates, its most recent quarterly profit beat market expectations.
Amid a driver shortage caused by regulatory policies, U.S. truck freight rates have rebounded, benefiting freight brokerages and boosting their revenue.
However, sharp fluctuations in diesel prices are putting pressure on margins, as fuel surcharges and spot freight rates often lag behind cost increases, causing some short-term cash flow stress.
The deal is expected to close in the first half of 2027, at which point RXO shareholders will own 11% of the merged company.
(To facilitate non-English speakers, Reuters provides automated translations of its reports into several other languages. Automated translations may contain errors or may not convey the intended meaning; Reuters does not guarantee the accuracy of automated translation texts and provides them solely for reader convenience. Reuters bears no responsibility for any damage or loss arising from the use of automated translation features.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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