RXO (RXO) stock surged early Monday after the company announced Sunday it would purchase UPS‘ (UPS) Coyote Logistics, the company’s freight-brokerage business, for slightly more than $1 billion. The deal comes just days before rival FedEx (FDX) closes the door on fiscal 2024 with fourth-quarter earnings. ↑ X NOW PLAYING With The Nasdaq Stretched, Here’s […]