C.H. Robinson Worldwide agreed to buy truck broker RXO for $5 billion in cash and stock, a 29% premium. RXO shares surged 22% premarket; C.H. Robinson fell 11%. The deal creates a logistics company with enterprise value over $25 billion. Synergies of $300 million targeted within two years of closing in H1 2027.

One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.