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Breaking down UPS’ $1 Billion sale of Coyote to RXO

Breaking down UPS’ $1 Billion sale of Coyote to RXO

FromWHAT THE TRUCK?!?


Breaking down UPS’ $1 Billion sale of Coyote to RXO

FromWHAT THE TRUCK?!?

ratings:
Length:
46 minutes
Released:
Jun 24, 2024
Format:
Podcast episode

Description

On Episode 727 of WHAT THE TRUCK?!?, Dooner is talking with FreightWaves’ Craig Fuller about UPS’ sale of Coyote for $1 billion to RXO. They’re breaking down the deal and will look into why Coyote took a loss of over $700 million in the transaction. RXO is now the 3rd biggest freight brokerage. Is this just the start of a summer of M&A?

Two thousand employees, 500 of whom are drivers, are out of jobs as Texas-based U.S. Logistics Solutions abruptly shuts down. Fuller will weigh in on this stage of the freight market recovery and whether these shutdowns are part of the correction.

Roger Mackbach is a Relay Haul of Fame Spotlight Driver for a reason. We’ll hear how he overcame the loss of his right arm to get his CDL again. We’ll find out what he’s learned on the road in his 24 years of driving.

Travelers’ Elizabeth Simpkins talks about women in trucking and the work she’s doing to get more ladies in the field and behind the wheel. 

Plus, more squats across America. 

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Released:
Jun 24, 2024
Format:
Podcast episode

Titles in the series (100)

WHAT THE TRUCK?!? is FreightWaves' irreverent award-winning podcast breaking down the biggest stories in transportation and logistics. WTT?!? is all about the people that make freight move. On the show you'll hear from founders, CEOs, VCs, truckers, brokers, and influencers. Join FreightWaves' hosts Dooner and The Dude three times a week on FreightWavesTV and podcast players everywhere.