rxo

CH Robinson to Buy RXO; Investors Question Deal

C.H. Robinson plans to migrate RXO’s overlapping truckload and less-than-truckload operations onto its Navisphere platform and apply the productivity model behind its own recent transformation as it seeks US$300 million in annual synergies from its US$5.8 billion acquisition of RXO. The strategy outlined by executives following Monday’s announcement provides a clearer picture of what C.H. Robinson is buying and how it intends to integrate one of the largest transactions in the ... [+]