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● LIVE Updated 1h ago · 14 sources tracked

C.H. Robinson to Buy RXO for About $5.8 Billion

C.H. Robinson Worldwide has agreed to acquire rival freight broker RXO Inc. in a cash-and-stock transaction valued at about $5.8 billion. The acquisition represents the largest deal yet for C.H. Robinson, designed to strengthen its footprint in North America's truck brokerage sector and expand into last-mile delivery. RXO shares surged following the announcement of the buyout agreement, which implies $30.25 per share, while C.H. Robinson shares suffered as the worst performer in the S&P 500 on the day of the news. Leadership signaled openness to further future deals amid the massive transaction.

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  • ✓ C.H. Robinson Worldwide agreed to buy RXO in a cash-and-stock transaction valued at about $5.8 billion.
  • ✓ The takeover offer implies $30.25 per share.
  • ✓ The transaction expands C.H. Robinson's North American truck brokerage footprint and pushes the company into last-mile delivery.
  • ✓ RXO will be folded into C.H. Robinson's North American Surface Transportation unit.
🛡️ Source Corroboration: 14 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

C.H. Robinson announced its agreement to acquire rival RXO for $5.8 billion in a cash-and-stock deal.

Live updates

  1. C.H. Robinson Buys RXO for $5.8B

    C.H. Robinson Worldwide has agreed to acquire rival freight broker RXO Inc. in a cash-and-stock transaction valued at about $5.8 billion. The acquisition represents the largest deal yet for C.H. Robinson, designed to strengthen its footprint in North America's truck brokerage sector and expand into last-mile delivery. RXO shares surged following the announcement of the buyout agreement, which implies $30.25 per share, while C.H. Robinson shares suffered as the worst performer in the S&P 500 on the day of the news. Leadership signaled openness to further future deals amid the massive transaction.

    Why it matters

    The combination of these logistics giants aims to leverage artificial intelligence models to drive efficiency across operations in a difficult freight market. C.H. Robinson plans to fold RXO directly into its North American Surface Transportation unit. The megadeal will also send significant ripple effects through regional hubs like Chicago.

    What is confirmed

    • C.H. Robinson Worldwide agreed to buy RXO in a cash-and-stock transaction valued at about $5.8 billion.
    • The takeover offer implies $30.25 per share.
    • The transaction expands C.H. Robinson's North American truck brokerage footprint and pushes the company into last-mile delivery.
    • RXO will be folded into C.H. Robinson's North American Surface Transportation unit.

    What to watch next

    • Regulatory approvals and closing timeline for the $5.8 billion acquisition
    • Further statements from C.H. Robinson leadership regarding potential additional deals
    • Performance of C.H. Robinson and RXO shares as markets react to the integration strategy
    Sources used for this update (14)
    1. wsj.com — C.H. Robinson to Buy RXO for About $5.3 Billion
    2. Crain's Chicago Business — Jumbo $5.8B freight brokerage deal will ripple through Chicago
    3. Investing.com — RXO shares soar as C.H. Robinson announces $5.8B cash and stock buyout
    4. Bloomberg.com — CH Robinson to Buy RXO for $5.8 Billion in Bet on AI Model
    5. Axios — "Never say never": C.H. Robinson open to more deals amid $5.8B RXO acquisition
    6. Reuters — C.H. Robinson to buy RXO for $5.8 billion, pushing into last-mile delivery
    7. Barron's — RXO Stock Soars on C.H. Robinson Buyout. Why the Buyer Is Today’s Worst S&P 500 Performer.
    8. Bring Me The News — Minnesota’s C.H. Robinson to buy rival freight broker for $5.8B
    9. Journal of Commerce — C.H. Robinson acquires logistics provider RXO for $5.8 billion
    10. finance.yahoo.com — CH Robinson to Buy RXO for $5.8B in Bet on AI Model
    11. www.bnnbloomberg.ca — C.H. Robinson to buy RXO for US$5.8B
    12. www.marketscreener.com — C.H. Robinson to buy RXO for $5.8 billion, pushing into last-mile delivery | MarketScreener
    confidence 100%
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