C.H. Robinson to acquire RXO in $5.8-billion deal

C.H. Robinson has agreed to acquire RXO in a stock-and-cash transaction valued at approximately $5.8 billion, creating a combined company with an enterprise value exceeding $25 billion.

According to the companies, the combination will bring together C.H. Robinson’s global freight forwarding, trucking brokerage and managed transportation operations with RXO’s brokerage, expedited and last-mile capabilities. The companies said the transaction is expected to improve network density, expand service offerings and increase scale across North American transportation markets.

“This transaction is a natural next step in our transformation, allowing us to create a more scaled, resilient North American third-party logistics provider,” said Dave Bozeman, president and CEO of C.H. Robinson.

According to the companies, C.H. Robinson expects approximately $300 million in annual run-rate cost synergies within two years of closing. The transaction is expected to close in the first half of 2027, subject to regulatory approvals and approval from RXO shareholders.