Coyote Logistics believes that trucking freight markets in the United States are at or near an inflection point. Capacity and spot rates will reach an equilibrium in the second quarter while contract ...
UPS sued BGT Carriers on April 1 in Illinois Northern District Court over goods which were allegedly damaged while being transported. The lawsuit, brought by Canty Novy Bertkau Gordon, claims nearly ...
United Parcel Service (UPS) has sold its Coyote Logistics business for $1.025 billion, resulting in a loss of $775,000 to UPS. The buyer is RXO Brokerage. “As UPS positions itself to become the ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Coyote Logistics veteran Matt Silver raised $12 million ...
For truckload brokerage firms, big is better. RXO is currently the eighth largest, according to TD Cowen analyst Jason H. Seidl. He described the purchase price as “reasonable” and “at the low end of ...
UPS sued American Food Distributors on Feb. 26 in New York Supreme Court for Suffolk County. The court action, brought by Meyers Saxon & Cole, seeks to recover $28,842 plus accrued interest from the ...
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