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Central banks' super week: Fed, ECB, BoJ seen holding; Canada may hike Moody’s spares France a downgrade as 10-year yield tops 5% Oil slips from six-month highs as Qatar mediates in Tehran China’s Fifth Plenum opens as AI exports mask weak home demand Lula wins, Brazil markets brace for shock sell-off; Tokyo Brazil ETF plunges ~15% Brazil votes today: Lula faces Flávio Bolsonaro in runoff Fed, ECB, BoJ Rate Decisions This Week: Holds Expected, December in Focus Oil is pricing in the next round of war. Brent tops $116 as Iran tensions drag Wall Street lower Global money is bidding for India's biggest growth stories while leaving India’s index

Intelligence

C.H. Robinson buys RXO for $5.8B, betting AI can squeeze $300M in savings

Two top US freight brokers combine into a $25B+ logistics platform

News | 6 October 2026

C.H. Robinson buys RXO for $5.8B, betting AI can squeeze $300M in savings

The largest North American truck broker is getting bigger, and it says AI will pay for the deal.

The largest North American truck broker is getting bigger, and it says AI will pay for the deal.

C.H. Robinson agreed to buy RXO in a cash-and-stock deal valued at about $5.8 billion, creating a company with an enterprise value above $25 billion.

RXO holders get $17.25 in cash plus 0.0856 C.H. Robinson shares per share, an implied $30.25. That is a 29% premium to Friday's close.

C.H. Robinson plans to roll out its AI-driven operating model across RXO and targets $300 million in cost savings within two years.

Closing is expected in the first half of 2027.