Resend - Updated version 3 - C.H. Robinson will acquire RXO for 5.8 billions USD to expand its truck brokerage business
路透社2026/10/05 15:41Correction: RXO company name added to the headline Reuters, October 5 — Freight broker C.H. Robinson Worldwide (CHRW.O) announced on Monday it will acquire RXO (RXO.N) for $5.8 billion through a cash-and-stock transaction, aiming to strengthen its position in the North American truck brokerage sector. The merged logistics giant, with a combined market value of $25 billion, will primarily integrate this technology-driven truck brokerage business into C.H. Robinson’s North American surface transportation division, which contributes more than two-thirds of the company’s revenue. RXO also offers transportation management and last-mile delivery services. Its shares surged 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 the company at $30.25 per share—a 29% premium to last Friday’s closing price. This deal will expand C.H. Robinson’s “last-mile” delivery coverage across the U.S. and help it win more large corporate clients, strengthening its position in the highly competitive truck brokerage market. CEO Dave Bozeman stated the deal will enable the company to "create a larger and more resilient North American third-party logistics provider." After completion, the company expects to achieve $300 million in net operating cost synergies within two years and anticipates the transaction will be accretive to adjusted earnings per share within nine months. Over the past year, as AI agents took over freight pricing, pickup and delivery coordination, and in-transit cargo monitoring, C.H. Robinson reduced its workforce. Meanwhile, RXO reported annual losses in both 2024 and 2025, but its profits beat market expectations last quarter thanks to improved freight rates. U.S. trucking rates have rebounded due to driver shortages driven by regulatory policies, benefiting freight brokers and boosting their revenues. However, volatile diesel prices are squeezing margins, as fuel surcharges and spot rates often lag behind cost increases, resulting in short-term cash flow pressures. The deal is expected to close in the first half of 2027, after which RXO shareholders will hold an 11% stake in the combined 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 has automated the translation of this report into several languages. As automated translations may contain errors or lack required context, Reuters does not guarantee the accuracy of the automated text and provides it for readers' convenience only. Reuters accepts no liability for any damage or loss caused by the use of automated translation.)
Correction: Added missing company name RXO in the headline
Reuters, October 5 - Freight forwarding company C.H. Robinson Worldwide (CHRW.O) said on Monday it will acquire RXO (RXO.N) in a stock-and-cash transaction valued at $5.8 billion, aiming to strengthen its presence in the North American truck brokerage sector.
The merged logistics giant, with a total market capitalization of $25 billion, will mainly integrate this tech-driven truck brokerage business into C.H. Robinson's North American land transport division, which contributes more than two-thirds of the company's revenue.
RXO also provides transportation management and final-mile delivery services. Its share price surged by 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 stock for each RXO share, valuing the company at $30.25 per share—a 29% premium over last Friday's closing price.
This transaction will expand C.H. Robinson’s “last mile” delivery coverage in the U.S. and help it win more large enterprise clients, consolidating its position in the highly competitive truck brokerage market.
C.H. Robinson CEO Dave Bozeman stated the transaction will allow the company to “build a bigger and more resilient North American third-party logistics provider.”
After completion of the deal, the company expects to realize $300 million in net operating cost synergies within two years, and the transaction will have an accretive effect on adjusted earnings per share within nine months.
In the past year, as artificial intelligence agents have taken over freight pricing, coordination of pickups and deliveries, and tracking cargo in transit, C.H. Robinson has reduced its workforce.
Meanwhile, RXO reported annual losses in both 2024 and 2025, but its most recent quarter’s profit exceeded market expectations thanks to improved trucking rates.
U.S. truck freight rates have rebounded amid driver shortages caused by regulatory policies, benefiting freight brokerages and driving their revenue growth.
However, sharp fluctuations in diesel prices are squeezing profit margins, as fuel surcharges and spot rates often lag behind rising costs, causing short-term cash flow pressures.
The deal is expected to be finalized in the first half of 2027, at which time RXO shareholders will hold 11% of the merged company.
(To facilitate non-native English speakers, Reuters provides automated translations of its reports into several other languages. As automated translations may be inaccurate or lack necessary context, Reuters does not guarantee the accuracy of the translated text and it is provided for reader convenience only. Reuters accepts no liability for any damage or loss arising from the use of automated translation functions.)
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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