Reported 11 months ago
On Episode 727 of WHAT THE TRUCK?!?, FreightWaves’ Craig Fuller discusses UPS’ $1 billion sale of Coyote to RXO. They analyze why Coyote incurred a loss of over $700 million in the transaction, making RXO the 3rd largest freight brokerage. Additionally, Texas-based U.S. Logistics Solutions abruptly closes down, resulting in 2,000 job losses, including 500 drivers. Fuller also comments on the ongoing freight market recovery and potential acquisitions in the industry. Lastly, the episode features a discussion on women in trucking and the inspiring story of a driver who overcame challenges to continue his career.
Source: YAHOO