- Jim Cramer criticizes UPS for selling Coyote Logistics to RXO for less money. - RXO gains access to carriers and customers, but Cramer doubts UPS stock outlook. - RXO anticipates boosted earnings from the Coyote acquisition, moving up in the freight brokerage industry. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Industry News
- RXO acquiring Coyote Logistics from UPS for $1.025 billion. - Acquisition enhances RXO's market position and customer base. - UPS to focus on core business following the sale. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: M&A