Coyote Logistics Is Sold, Carriers Still Closing Doors: Waiting For A Market Turn
Biggest news this week is the fact that Coyote Logistics is being sold to RXO for around $1 Billion. But that's not all, we also have USLS (US Logistics Solutions) which unexpectedly ceased all operations. Now the question is- how is that possible given the recent UPTICK we saw in the freight market?
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SOURCES:
https://www.freightwaves.com/news/bre...
https://www.freightwaves.com/news/tex...
https://www.freightwaves.com/news/tra...
https://www.freightwaves.com/news/rxo...
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