C.H. Robinson to Acquire RXO, Widening Its Lead in North American Freight Brokerage
C.H. Robinson is buying RXO for about $5.8 billion to add density, cut costs, and widen its lead in a fragmented freight brokerage market.
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Jury Finds C.H. Robinson Liable for $604 Million in Landmark Truck Crash Case
A Texas jury ordered C.H. Robinson to pay $604M after a fatal truck crash, raising new legal risks for freight brokers.
Trucking Stocks Slide Amid New DOT Rule on Foreign CDL Holders
Trucking and logistics stocks fell after new US rules limit commercial driver’s licenses for many foreign drivers. Investors fear fewer eligible drivers could lead to staff shortages, reduced transport capacity, and higher costs across the industry.