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AI brief of an SEC Form 8-K · RXO (RXO)

RXO completes $1.025 billion acquisition of Coyote Logistics from UPS

Neutral Impact 4 of 5 m&a Written later

RXO completed its purchase of Coyote Logistics from United Parcel Service on September 16, 2024, for approximately $1.025 billion in cash, subject to customary adjustments. RXO says the deal makes it the third-largest provider of brokered transportation in North America, though the filing does not report financial results or synergy estimates for the acquired business.

Key points

  • Purchase price: approximately $1.025 billion in cash, subject to customary adjustments
  • Closing Date: September 16, 2024; the seller is United Parcel Service of America, Inc. and related UPS entities
  • RXO says the combined company is now the third-largest provider of brokered transportation in North America
  • Filing includes audited 2023 and 2022 and unaudited June 30, 2024 financial statements of the acquired business, plus pro forma information

The filing

CompanyRXO (RXO)
Form8-K, current report
Filed with the SECSep 16, 2024, 5:05 PM ET
Accession number0000950142-24-002381

Items reported: 2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.