Coyote News

This year, we were honored to once again contribute to the noble cause of the Transaid Christmas Appeal. Thanks to the generosity of all donors, Transaid can continue its vital work improving road safety in Africa, increasing access to healthcare programs, training more professional drivers, and ensuring that more women and children receive the healthcare services they need most. These efforts also contribute significantly to advancing the Sustainable Development Goals. If you’d like to...

Can a TV commercial become a symbol of Christmas? And one where trucks play the starring role? Since 1995, the answer to this question has been: "yes." Coca-Cola, present on the market since the late 19th century (initially available only by prescription!), is undoubtedly the most famous soft drink in the world. Back in the 1930s, the company’s marketers tried to boost its sales during the winter season as well (cold beverages aren’t naturally associated with a time of year when snow covers...

Coyote acquisition completed September 16;integration well underway and progressing smoothly. Raising annualized cost synergy estimate to at least $40 million. Strengthened balance sheet while financing Coyote acquisition;combined company leverage ratio decreased by more than 40%. Companywide gross margin of 3%;Brokerage gross margin of 13.7%. Managed Transportation was awarded more than $300 million in new freight under management. Last Mile stop growth continued to accelerate...

The transport sector in Europe must strive to meet ambitious environmental goals set by EU regulations. The need to reduce carbon dioxide emissions is a challenge that logistics companies can address on a broader scale by using zero-emission electric vehicles or hydrogen fuel cell trucks. Limitations in access to these solutions (high costs, lack of sufficiently developed infrastructure, still limited, though steadily increasing, range) mean that "transitional fuels" are gaining more interest....

Press Release | Charlotte, NC | September 16, 2024 Charlotte, NC- September 16, 2024- RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced it has completed its acquisition of Coyote Logistics from UPS for a purchase price of $1.025 billion. The company is now the third-largest provider of brokered transportation in North America. This acquisition enhances RXO’s market position, diversifies and expands its customer base and broadens its carrier...

Here’s what this means for you, our valued customers and carriers: Expanded Network and Capabilities: In addition to our existing transportation services, you now have access to an advanced groupage network, streamlined cross-docking, and robust consolidation services from the UK to all of Europe. More Capacity: We provide customers with even more capacity across a wider array of lanes. Less Deadhead: We provide carriers with access to more freight, reducing deadhead miles....

The following press release first appeared on the UPS Press Room:  **** UPS Announces Sale of Coyote Logistics to RXO, Inc. When Complete, Transaction Helps Drive UPS’s “Better and Bolder” Strategy ATLANTA, June 23, 2024 – UPS (NYSE: UPS) announced today it has entered into an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion. “As UPS positions itself to become the premium small package provider and logistics partner in the world, the decision...

Time is the foundation of modern logistics. On-time deliveries determine the rhythm of the globalized economy's functioning. Any delay can pose a serious risk of downtime in the entire production and distribution process of goods. However, it would not be an exaggeration to say that there is one industry where a smoothly operating supply chain is particularly crucial: the healthcare industry. People's health and even lives often depend on whether the shipments arrive on time and are...

Coyote Logistics is increasing its efforts to make road transport greener by incorporating innovative technology from Pledge, the leading carbon reporting platform for freight forwarders, into its operations. This move represents another important step towards building a more environmentally friendly future for logistics. By integrating Pledge’s GLEC-accredited and ISO 14083-aligned carbon reporting technology, Coyote Logistics will offer its customers a clear picture of the emissions...

Today, we are announcing important changes to our executive leadership team. We are excited to announce that Sandeep Pisipati, who currently serves as our Chief Financial Officer, has been appointed as the new CEO of Coyote Logistics. This appointment comes as Jonathan Sisler announces his decision to pursue other opportunities. Sandeep has been with Coyote for five years and has been an integral leader with a track record of delivering strong business results through a unique approach...