Forward-Looking Statements

This website contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act. Statements that are not historical facts, including statements about beliefs, expectations, targets or goals, the expected timing of the closing of the proposed transaction, the anticipated benefits of the proposed transaction, including synergies, and expected future financial position, total addressable market and results of operations, are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “projects,” “strategy,” or “anticipates,” or the negative of those words or other comparable terminology. C.H. Robinson’s and RXO’s results may differ materially from the experience and results anticipated in such statements. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions including, but not limited to, the following factors: the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; the risk that the conditions to the closing of the proposed transaction are not satisfied, including the risk that required approvals of the transaction from the stockholders of RXO or from regulators are not obtained; litigation or regulatory action relating to the transaction; the risk that the proposed transaction may not be completed on the anticipated terms, in a timely manner or at all; uncertainties as to the timing of the consummation of the proposed transaction and the ability of each party to consummate the proposed transaction; risks that the proposed transaction disrupts the current plans or operations of C.H. Robinson or RXO; the effect of the announcement of the proposed transaction on the ability of C.H. Robinson or RXO to retain and hire key personnel; competitive responses to the proposed transaction; unexpected costs, charges or expenses resulting from the transaction; the risk that C.H. Robinson is unable to obtain the anticipated debt financing in connection with the proposed transaction on the anticipated timing or terms, or at all; potential adverse effects on the market price of RXO’s and/or C.H. Robinson’s common stock, credit ratings, or operating results; fluctuations in the market value of the merger consideration, which may vary from its value as of the date of the Merger Agreement or the date of this communication, as a result of changes in the market price of C.H. Robinson common stock; potential adverse reactions or changes to relationships with employees, customers, suppliers, distributors and other business partners resulting from the announcement, pendency or completion of the proposed transaction; restrictions during the pendency of the proposed transaction on RXO’s ability to pursue certain business opportunities or strategic transactions; the potential acquisition being more expensive to complete than anticipated, including as a result of unexpected factors or events, significant transaction costs or unknown liabilities; the combined company’s ability to achieve the synergies expected from the proposed transaction, as well as delays, challenges and expenses associated with integrating the combined company’s existing businesses or realizing the anticipated benefits of the proposed transaction; competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into the industries in which C.H. Robinson and RXO operate, as well as new product and marketing initiatives by C.H. Robinson’s and RXO’s competitors; risks associated with cyber-attacks, information security and data privacy; diversion of management’s time and attention from C.H. Robinson’s and RXO’s ongoing business operations due to the proposed transaction; disruptions resulting from key management changes; unknown liabilities and uncertainties regarding general economic, market sector, competitive, legal, regulatory, tax and geopolitical conditions; and legislative, regulatory, economic, competitive or technological developments. Other factors that might cause such a difference include those discussed in C.H. Robinson’s and RXO’s filings with the SEC, which include their Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and in the registration statement on Form S-4 (including the proxy statement/prospectus) to be filed in connection with the proposed transaction. For more information, see the section entitled “Risk Factors” and the forward-looking statements disclosure contained in C.H. Robinson’s and RXO’s Annual Reports on Form 10-K and in other filings. Forward-looking statements should not be relied on as predictions of future events, and these statements are not guarantees of performance or results.  The forward-looking statements included in this communication are made only as of the date hereof and, except as required by applicable law, C.H. Robinson and RXO undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

I understand

C.H. Robinson to Acquire RXO

Redefining the Future of Third-Party Logistics While Unlocking Significant Shareholder Value

Press Release
Presentation
Webcast

Diversifying and Strengthening Offerings to Support Customers’ End-to-End Needs

C.H. Robinson (Nasdaq: CHRW) and RXO (NYSE: RXO) have entered into a definitive agreement under which C.H. Robinson will acquire RXO in a stock-and-cash transaction.

Combining C.H. Robinson’s global, multi-modal platform with RXO’s North American brokerage, expedited and last-mile capabilities will allow the combined company to provide more tailored solutions to customers across a larger, denser network.

Unmatched Expertise
Tailored Solutions
Significant Network Density

For Customers

  • Unmatched Expertise

    Brokerage, managed transportation, expedited, last mile and forwarding

  • Significant Network Density

    Complementary networks for small, medium and large shippers

  • Tailored Solutions

    Lean AI quoting, tracking and appointments backed by experienced teams

For Carriers

  • More Loads

    Broader shipper relationships across a larger, denser freight network

  • Smarter Solutions

    More matching opportunities to help reduce empty miles

  • Better Support

    Digital load booking, AI load recommendations and optimized appointments

Combining Complementary Networks to Increase Scale and Resilience in a Large and Fragmented Market

Improved network density
Expanded capabilities
Enhanced penetration across modes and verticals
Side view of a man wearing an orange safety vest driving a truck, visible through the truck's window and side mirror.

Unlocking Meaningful Shareholder Value Creation

Applying C.H. Robinson's Lean AI operating model across RXO’s business is expected to enhanceproductivity, improve operating leverage and support margin expansion.

Applying Lean AI operating model to RXO…

Lean Operating Model
  • Aligned strategy and planning across the business
  • Repeatable execution, scorecards and accountability
  • Continuous improvement mindset
Robust In-House Capabilities
  • 450+ engineers and technologists
  • 30+ AI agents automating quote-to-cash tasks
  • Capital-light platform; near-zero marginal cost to serve

… to unlocking $300 million in estimated run-rate cost synergies

Cost-to-Serve Efficiencies

Operating leverage derived from theLean operating model and fleet of AI agents deployed across workflows

Shared Services Savings

Centralize processes and functions, remove duplication and optimize efficiency over larger enterprise volume

3rd Party Services Eliminations

Remove duplication and transfer external services onto C.H. Robinson’s existing vendor relationships

Other Integration Benefits

Consolidate real estate footprint and deliver insurance procurement efficiencies

Unlocking Meaningful Shareholder Value Creation

Applying C.H. Robinson's proven Lean AI operating model across RXO’s business is expected to enhance productivity, improve operating leverage and support margin expansion.

Semi-truck driving on a highway with mountainous landscape and river in the background.

Applying C.H. ROBINSON’S Lean AI operating model to RXO…

Lean Operating Model
  • Aligned strategy and planning across the business
  • Repeatable execution, scorecards and accountability
  • Continuous improvement mindset
Robust In-House Capabilities
  • 450+ engineers and data scientists
  • 100+ AI agents automating quote-to-cash tasks
  • Capital-light platform; near-zero marginal cost to scale self-built AI agents

… unlocking $300 million in net estimated run-rate cost synergies

Cost-to-Serve Efficiencies

Operating leverage derived from the Lean operating model and fleet of AI agents deployed across workflows

Shared Services Savings

Centralize processes and functions, remove duplication and optimize efficiency over larger enterprise volume

3rd Party Services Eliminations

Remove duplication and transfer external services onto C.H. Robinson’s existing vendor relationships

Other Integration Benefits

Consolidate real estate footprint and deliver insurance procurement efficiencies

Transaction Details

Creates a combined company with an enterprise value of more than $25 billion

RXO shareholders to receive $17.25 per share in cash and 0.0856 of C.H. Robinson stock per share for an implied total consideration of $30.25 per share1

Expected to close in the first half of 2027, subject to customary closing conditions, including regulatory approval and approval from RXO’s shareholders

1 The implied total consideration of $30.25 per share is based on C.H. Robinson’s 16-day VWAP of $151.88 as of October 2, 2026

Hear From Our CEOs

“This transaction is a natural next step in our transformation, allowing us to create a more scaled, resilient North American third-party logistics provider positioned to offer exceptional customer service and redefine the future of our industry. RXO is a customer-focused company with expertise and talent that will allow us to expand our capabilities to better support customers of all sizes on their most complex challenges. By applying our Lean AI model to RXO’s business, we expect to significantly enhance productivity to unlock compelling cost synergies. We are confident our experienced team and disciplined execution plan will allow us to seamlessly integrate our organizations and position the combined company to capture the expected synergies, drive innovation and deepen customer relationships to enhance profitable growth and shareholder value.”
Dave Bozeman, C.H. Robinson President and Chief Executive Officer
Dave Bozeman
C.H. Robinson President and Chief Executive Officer
“Joining C.H. Robinson represents an exciting next chapter for our company, our employees and our customers. We have built a strong business by staying relentlessly focused on our customers, operating with agility and delivering solutions that help them navigate an increasingly complex supply chain. By bringing together our complementary capabilities, talented teams and shared commitment to service, we will be able to offer customers greater scale, broader capabilities and even more value. I’m incredibly proud of what our team has built and excited about the opportunities ahead as part of C.H. Robinson.”
Drew Wilkerson, RXO Chairman and Chief Executive Officer
Drew Wilkerson
RXO Chairman and Chief Executive Officer