FreightCenter的动态

BlueGrace is excited to announce the acquisition of FreightCenter a leading online #transportation solutions provider, whose integration will offer customers access to advanced #logistics tools and services.???? “We’ve known and respected the team at FreightCenter for over a decade, having watched them grow and succeed every year, so it’s a great addition to our family. This acquisition is the perfect opportunity to enhance the logistics experience for thousands of customers” said Bobby Harris, CEO and Founder of BlueGrace Logistics. “By integrating our advanced technology, deep industry expertise, and extensive carrier network, we are committed to delivering solutions that meet their unique shipping needs” check out the press release now ??https://hubs.li/Q031q8G50

Drew Wilkerson joined Timothy Dooner on FreightWaves to discuss RXO's acquisition of Coyote Logistics, integrating technology and the future of freight mergers and acquisitions.?

Yesterday, RXO announced Q3 2024 results. RXO continued to deliver on our financial commitments and we achieved these solid results while completing a transformative acquisition. The integration of Coyote is ahead of schedule. We’re seeing immediate cross-selling opportunities across the combined organization and we anticipate the technology integration to be substantially complete within the first 12 months of close. The acquisition significantly increases RXO's earnings power over the long-term. We also continued to see momentum within complementary services. Managed Transportation was awarded more than $300 million of Freight Under Management and Last Mile stop growth continued to accelerate, growing 11% year-over-year. As we work to fully integrate the Coyote business and navigate the prolonged soft freight cycle, we remain focused on providing the best service, the most comprehensive set of solutions, continuous innovation and close customer relationships. #growgrowRXO #RXO #transportation #brokerage #freight

RXO Completes $500M Stock Offering, Acquisition of Coyote Logistics Set. ?? RXO, Inc. has?raised?$500 million through a stock offering to finalize its acquisition of Coyote Logistics, expected to close by September 20, 2024. ???This deal strengthens RXO’s financial position and expands its logistics network. ???Coyote, known for its advanced freight brokerage solutions, will enhance RXO’s market reach, while UPS, Coyote’s former owner, shifts focus to its core parcel business. ???The acquisition marks a significant shift in the logistics landscape, positioning RXO to challenge major third-party logistics players. Source:?Jared Weisfeld

Continued consolidation in transportation/logistics… and why it matters to you With RXO’s recent $500M acquisition of Coyote Logistics, we're seeing yet another major consolidation in the logistics industry. As the big players continue to merge, smaller shippers and carriers are left with fewer options—and more pressure on pricing control. But what does this mean for the rest of the industry? Less competition means higher rates and limited flexibility for smaller players. Price control becomes centralized, giving larger companies more leverage. Smaller shippers may feel the squeeze as these mega-deals shift the market landscape.

Let’s Go RXO

Load One Expands with Acquisition of Tri-State Expedited Service! ?? Load One’s recent acquisition of Tri-State Expedited Service highlights a growing trend in the transportation industry: consolidation. As companies seek to enhance capacity, improve service offerings, and meet evolving market demands, acquisitions like this create opportunities for greater scale and reach. This trend suggests we’ll see more companies uniting to stay competitive and deliver value in an increasingly integrated logistics landscape. #Transportation #Logistics

?? Exciting news in the logistics world! RXO is set to buy UPS's Coyote Logistics for a whopping $1.025 billion! The parcel giant expects to wrap up the deal by the end of this year. This move is set to shake up the supply chain industry big time. ???? Supply Chain Dive brings us more details: https://lnkd.in/gvq7vxvn What an amazing step forward for RXO and a huge change for the logistics sector. ???? Keep an eye on this space for more updates! #SupplyChain #Logistics #BusinessNews #MergersAndAcquisitions

The recent UPS acquisition of Estafeta Mexicana highlights UPS's strategic shift towards reinforcing its express delivery services, particularly in the US-Mexico supply chain network context. ?? Acquisition signals UPS's strategic move to strengthen its core express delivery services by acquiring Estafeta Mexicana. UPS's divestiture of its Coyote Logistics truck brokerage division is a significant move that emphasizes the company's return to its core services, particularly express delivery. Express delivery significantly impacts logistics by enhancing the speed and reliability of shipments, which is crucial for businesses operating in time-sensitive environments. It enables faster delivery times, improving customer satisfaction and competitive advantage. Additionally, express delivery services often come with advanced tracking and management capabilities, allowing for better logistics planning and execution. As seen in UPS's acquisition of Estafeta, this focus on express delivery underscores its importance in strengthening supply chain networks, especially in cross-border operations like those between the US and Mexico. Deals such as UPS's acquisition of Estafeta Mexicana are crucial as they strengthen global supply chains, enhance service efficiency, and expand market access. The US-Mexico supply chain network is highlighted as becoming increasingly robust, benefiting from strategic investments like UPS's acquisition. ?? https://lnkd.in/gTxVG93i #DigitlaLogistics

Interesting! I wonder how this will change things in terms of how Coyote logistics is integrated into the systems of different players in the supply chain. From my experience working in LTL, how a broker becomes integrated with our operation can determine how successful the average shipment they send through our system is. By integration, I'm referring to the means in which a broker gets a quote for a shipment, books it, tracks it, coordinates its delivery, and resolves conflict. I'm sure a lot will stay the same procedurally at Coyote, but it would be interesting to pay attention to how RXO may tweak certain things in that area. Also, changes may only be proportional to how much Coyote ships LTL. The Coyote shipments I've encountered in the LTL environment may only be part of a TL iceberg. #LTLBroker #Integration #LTL