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UPS Sells Coyote Logistics to RXO for $1 Billion. This Company Got the Better Deal.

UPS Sells Coyote Logistics to RXO for $1 Billion. This Company Got the Better Deal.

United Parcel Service and third-party logistics provider RXO struck a deal on Sunday. It matters more for RXO—and its stock. UPS said it is selling the third-party logistics provider Coyote Logistics to RXO for $1 billion.