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C. Robinson to Acquire RXO in Major Brokerage Consolidation

C. Robinson announced it will acquire RXO in a deal expected to reshape the freight brokerage landscape. The combined entity will pursue $300 million in net run rate cost synergies within two years, leveraging C. Robinson's operational efficiency framework to drive productivity gains. C. Robinson CEO Dave Bozeman said the acquisition aligns with anticipated industry consolidation. Third-party logistics providers must now position themselves as either acquirers or acquisition targets. RXO has faced sustained profitability challenges, reporting negative net income for ten consecutive quarters despite volume growth. C. Robinson demonstrated stronger financial discipline while reducing headcount 10.8 percent. Since Bozeman's appointment in mid-2023, the company has cut staff by approximately 28 percent while maintaining revenue expansion.