C.H. Robinson to Acquire RXO in $5.8 Billion AI-Driven Logistics Deal
Sign in✓ Signed in
C.H. Robinson Worldwide said it will acquire RXO Inc. in a stock-and-cash transaction with an implied value of $5.8 billion, putting AI-driven productivity at the center of a major freight brokerage consolidation. The companies said the combination would create a logistics platform with an enterprise value of more than $25 billion and give C.H. Robinson a larger network on which to apply its Lean AI operating model. C.H. Robinson and RXO
Continue reading
The rest of this article is for AI News Blitz readers. Choose an option below to keep reading.
Already purchased? Sign in✓ Signed in — this article isn’t included in your current plan.
Unlocking the full article...